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Stock impact report

Mobivity Holdings Corp (MFON) Q3 2024 Earnings Call Highlights: Strategic Divestiture and ... [Yahoo! Finance]

MOBIVITY HOLDINGS CORP (MFON) 
NASDAQ:AMEX Investor Relations: ir.mobivity.com
Company Research Source: Yahoo! Finance
Mobivity Holdings Corp ( MFON ) completed the divestiture of its legacy SMS marketing business, allowing it to focus entirely on its high-growth connected rewards platform. The company reported significant growth in audience reach, with its programs reaching approximately 13.6 million users in Q3 2024. Mobivity Holdings Corp ( MFON ) launched six new brands on its platform and reached over 51 million consumers year-to-date, indicating strong market penetration. The connected rewards platform has shown exceptional performance metrics, consistently delivering strong ROI for brand and game publishing partners. The company has achieved major technical milestones, enabling it to drastically grow its audience and streamline its cost structure, which is expected to enhance profitability. Mobivity Holdings Corp ( MFON ) has not yet filed its Q3 financials due to delays with auditors, which may cause uncertainty among investors. The company is still in the process of achieving pro Show less Read more
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