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0 0 -0.0106382978723404 0.0212765957446808 0.0585638297872341 0.0360106382978723 0.0159574468085107 -0.0691489361702128
Stock impact report

Innovid Reports Q3 2024 Financial Results

Innovid Corp. (CTV) 
US:NYSE Investor Relations: ir.centurylink.com
Company Research Source: Business Wire
Q3 2024 revenue increased 6% year-over-year to $38.3 millionQ3 2024 net income improved year-over-year to $4.7 million and Adjusted EBITDA* increased 29% year-over-year to $8.4 millionAdjusted EBITDA margin* increased to 22%, the ninth consecutive quarter of expansionCompany announces board approval to implement stock repurchase program NEW YORK--(BUSINESS WIRE)--Innovid Corp. (NYSE:CTV) (the "Company"), an independent software platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear TV, and digital, today announced financial results for the third quarter ended September 30, 2024.“In the third quarter, we were encouraged by the solid growth in CTV as streaming platforms are gaining scale,” said Zvika Netter, Co-Founder and CEO. “We delivered the ninth consecutive quarter of improved Adjusted EBITDA margin* demonstrating our ability to expand profitability and our leverageable operating model. I am proud of our team for thei Show less Read more
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