System1, Inc. (SST) Misses Q3 EPS, Revenue

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Go back to System1, Inc. (SST) Misses Q3 EPS, Revenue

System1 Announces Third Quarter 2022 Financial Results

November 10, 2022 4:05 PM EST

Revenue Grew 17% Year-Over-Year to $201 Million Gross Profit Grew 21% Year-Over-Year to $50 Million Adjusted Gross Profit Grew 49% Year-Over-Year to $63 Million Net Loss of $38 Million Adjusted EBITDA increased 28% to $29 Million Compared to $23 Million in the Prior Year Company Updates Full-Year 2022 Guidance: $830 Million to $845 Million of Revenue, $255 Million to $260 Million of Adjusted Gross Profit and $125 Million to $130 Million of Adjusted EBITDA

LOS ANGELES--(BUSINESS WIRE)-- System1, Inc. (NYSE: SST) (System1 or the Company), an omnichannel customer... More