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Path to Second Half Revenue Ramp Remains on Track Driven by Increased Sales and Marketing Programs Initiated at the Start of 2021 Existing Agency Cohort Performance Supports Clear Path to $100 Million
NEW YORK, May 12, 2021 /PRNewswire/ Kubient, Inc. , a cloud-based software platform for digital advertising, today reported financial results for the first quarter ended March 31, 2021. . | May 12, 2021
/PRNewswire/ Kubient, Inc. (NasdaqCM: KBNT, KBNTW) ("Kubient" or the "Company"), a cloud-based software platform for digital advertising, today reported.
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SCOTTSDALE, Ariz., May 11, 2021 (GLOBE NEWSWIRE) AgJunction Inc. (TSX: AJX) (“AgJunction” or the “Company”) is reporting financial results for the first quarter ended March 31, 2021. All currency amounts are expressed in U.S. dollars.
First Quarter 2021 Financial Summary vs. First Quarter 2020
Revenue was $2.5 million compared to $5.2 million
Gross margin was 40.2% compared to 56.6%
Operating expenses improved to $3.4 million compared to $3.5 million
Net loss was $(2.4) million or $(0.02) per share, compared to a net loss of $(0.5) million or nil per share
EBITDA was $(1.6) million compared to $0.7 million
Management Commentary
“Continued investment in research and development has led to great progress with our autonomous modules, Whirl