Overview

• Digital advertising tech firm's Q1 revenue declined 2% yr/yr

• Net loss for Q1 improved 60% yr/yr

• Adjusted EBITDA for Q1 rose 189% yr/yr

Outlook

• Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

• COST CONTROLS - Co said a 43% drop in general and administrative expenses contributed to improved net loss

• OPERATING DISCIPLINE - CEO said improvement in net loss highlights focus on operating discipline and margin progression

Company press release: ID:nGNX2lK2w6

Key Details

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