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Stock impact report

System1 Announces Strong Third Quarter 2024 Financial Results

System1, Inc. Class A (SST) 
Company Research Source: Business Wire
All Key Financial Results At or Above the High-End of Guidance RangeRevenue Increased 1% Over Prior Year to $88.8 MillionGAAP Gross Profit Flat Over Prior Year at $24.8 MillionAdjusted Gross Profit Increased 1% Over Prior Year to $37.6 MillionGAAP Net Loss Increased $4.7 million Over Prior Year to $30.6 MillionAdjusted EBITDA Increased 27% Over Prior Year to $10.3 Million  LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) ("System1" or the "Company"), an omnichannel customer acquisition marketing platform, today announced its financial results for the third quarter of 2024."We are pleased to report another solid quarter where our key metrics were either at or above the high end of our financial guidance for the period," commented Michael Blend, System1’s Co-Founder & Chief Executive Officer. "We are seeing strong execution by our team across our business lines, especially in our Owned and Operated products, and our tight focus on operating efficiency is showing up in our fina Show less Read more
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