Auddia Announces Higher Than Expected Success in User Retention and Shifts Focus to Optimizing Subscription Conversions
Auddia Inc. (AUUD)
Company Research
Source: GlobeNewswire
faidr 30-day retention has grown from 5% to 12% in the last year, 2% above Auddia’s targeted 30-day retention goal Company now shifts focus down funnel to optimize subscription conversion metrics to drive high margin revenue BOULDER, Colo., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has exceeded its 30-day user retention goal of 10%, achieving 12% in the month of September. “This achievement is the result of continued focus on optimizations of our product offerings and overall stickiness within the faidr mobile app,” said Michael Lawless, Auddia’s CEO. “This achievement demonstrates the value we are delivering to users and allows us to focus downstream in the metrics funnel to subscription conversion. Accordin
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AUUD
News
- Auddia Announces Doubling the Number of Stations in Its faidr Mobile App [Yahoo! Finance]Yahoo! Finance
- Auddia Announces Doubling the Number of Stations in Its faidr Mobile AppGlobeNewswire
- Auddia Inc. to Participate in the 2024 Gaming, Media & Entertainment Virtual Conference, Presented by Maxim Group LLC [Yahoo! Finance]Yahoo! Finance
- Auddia Inc. to Participate in the 2024 Gaming, Media & Entertainment Virtual Conference, Presented by Maxim Group LLCGlobeNewswire
- Auddia Announces Industry First AI Podcast Player Added to faidr [Yahoo! Finance]Yahoo! Finance
AUUD
Sec Filings
- 10/23/24 - Form S-1/A
- 10/18/24 - Form 8-K
- 9/24/24 - Form 1-A/A
- AUUD's page on the SEC website