SRAX +5.4% after Q2 shows sequential gains [Seeking Alpha]
SRAX, Inc. (SRAX)
Last srax, inc. earnings: 11/14 04:05 pm
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US:NASDAQ Investor Relations:
srax.com/investors
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Source: Seeking Alpha
SRAX +5.4% after Q2 shows sequential gains Social Reality -- now known as SRAX up 5.4% Q2 earnings Revenues were down 81% Y/Y after the company's pivot away from its healthcare ad targeting/data platform. But they rose 53% sequentially. And gross margin rose to 55% from Q1's 42%. In verticals news, it enhanced SRAX IR features (adding real-time trading data, warrant management and ability to access shareholder contact data) and launched SRAX Lux to target luxury consumers.
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