QMCI News and Press, QuoteMedia Inc. From 11/08/22

PHOENIX, Nov. 08, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, today announced that its earnings for its quarter ended September 30, 2022 will be released the morning of November 10, 2022. That same day, the company w...

PHOENIX, Nov. 03, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced a multi-year enterprise agreement with BMO InvestorLine. BMO InvestorLine is a member of BMO Financial Group, a highly diversified financi...

PHOENIX, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Planet MicroCap today published a new Video Interview with Dave Shworan, CEO of QuoteMedia Ltd. (OTCQB: QMCI), discussing how the company is disrupting the financial data markets and competing with established industry giants, and also offers insi...

Q2 misses expectations. Revenues increased 12% to $4.30 million but were 7.5% lower than our $4.65 million estimate. Management identified a shift in revenue from a large client, deferred into the third quarter contributed to the Q2 revenue shortfall. Lower than expected gross margins and high...

Q2 disappoints. Revenues increased 12% to $4.30 million, but were 7.5% lower than our $4.65 million estimate. Notably, revenues moderated from the 18% revenue growth in the first quarter. We believe that adverse general market conditions and economic concerns impacted the company's individual ...

PHOENIX, Aug. 22, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the quarter ended June 30, 2022. QuoteMedia provides banks, brokerage firms, private equity firms, financial planner...

PHOENIX, July 20, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announces today that they have partnered with The Arena Group (NYSE American: AREN) to provide financial market data and hosted content visualizations for...

PHOENIX, July 20, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announces today that they have partnered with The Arena Group (NYSE American: AREN) to provide financial market data and hosted content visualizations for th...

PHOENIX, May 18, 2022 (GLOBE NEWSWIRE) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced an agreement with The Motley Fool to provide a wide-ranging suite of market data feed services and financial applications to power their extremel...

Q1 meets expectations. The company reported Q1 revenue of $4.26 million, in line with our estimate of $4.29 million. Adj. EBITDA of $0.68 million was roughly in line with our estimate of $0.63 million. Management credited an increase in clients, as well as higher usage per client, as the catal...