- Quotient Technology press release ( NYSE: QUOT ): Q2 GAAP EPS of -$0.45.
- Revenue of $69.3M (-44.1% Y/Y).
- Non-GAAP gross margin was 52.3% for the second quarter of 2022, compared to 40.3% for the second quarter of 2021.
- Adjusted EBITDA for the second quarter of 2022 was -$1.3M loss, compared to $4.3M profit for the second quarter of 2021.
- Financial Outlook: Quotient's guidance for the third quarter 2022 : Revenue: $70 million to $80 million vs. consensus of $84.25M; Non-GAAP Gross Profit: $37 million to $42 million; Adjusted EBITDA: $5 million to $10 million; Operating Cash Flow: -$5 million to $0 million
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Quotient's guidance for the full year 2022 : Revenue: $295 million to $310 million vs. consensus of $343.31M; Non-GAAP Gross Profit: $147 million to $160 million; Adjusted EBITDA: $15 million to $20 million; Operating Cash Flow: $0 million to $5 million
For further details see:
Quotient Technology reports Q2 earnings; narrows FY22 guidance and issues Q3 outlook