Mobivity Holdings Corp. (MFON) Reports Q3 Loss of $0.06

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Go back to Mobivity Holdings Corp. (MFON) Reports Q3 Loss of $0.06

Mobivity Announces Third Quarter 2023 Financial Results

November 14, 2023 4:05 PM EST

PHOENIX, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Mobivity Holdings Corp. (OTCQB: MFON), global provider of personalized reward solutions that drive customer acquisition, frequency, and spend, today announced financial results for the third quarter ended September 30, 2023.

Third Quarter 2023 Financial Highlights

Revenues of $1.6 million compared to $1.9 million in Q3 2022.Gross profit margin improved to 29% compared to 4% in Q3 2022.Cash and cash equivalents totaled $0.5 million compared to $0.4 million at December 31,... More