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Stock impact report

Springbig Reports Second Quarter 2024 Financial Results

SPRINGBIG HLDGS INC (SBIG) 
Company Research Source: GlobeNewswire
Second consecutive quarter with positive Adjusted EBITDA*, increasing year-to-date Adjusted EBITDA* to $0.5 million, representing a $3.0 million year-on-year improvement2% quarter-over-quarter increase in revenue to $6.6 millionOperating expenses reduced by 35% year-on-year BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- SpringBig Holdings, Inc. (“Springbig” or the “Company”) (OTCQX: SBIG), a leading provider of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, today announced its financial results for the second quarter ended June 30, 2024. “We continue to make good progress. Our newer offerings, such as ‘subscriptions by Springbig’ and ‘gift cards by Springbig’ are gaining traction as our clients increasingly recognize the value and benefits of our broader suite of offerings” said Jeffrey Harris, CEO and Chairman of Springbig who also added “we are pleased to report 2% quarter-over-quarter revenue growth in challenging macroec Show less Read more
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