2023-04-17 10:45:31 ET
Innovid ( NYSE: CTV )reports preliminary Q1 2023 revenue of ~$30M, exceeding the Company's previous guidance of $27M to $29M vs. $28.5M consensus."We are encouraged by our early positive results, and remain laser-focused on profitable growth and execution while carefully managing our expense structure in pursuit of our long-term targets," said Innovid CEOZvika Netter. "We look forward to sharing more details on our upcoming earnings conference call."The company will release first quarter 2023 financial results before the market open on Tuesday, May 9, 2023. Press Release]]
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Innovid gains 8% on reporting higher Q1 preliminary revenue above guidance