Summary by Moomoo AI
On November 18, 2024, Collective Audience, Inc., a Delaware-based company, announced preliminary financial results for the third quarter ended September 30, 2024, through a press release. The company expects to report a record pro forma revenue of approximately $1.8 million for Q3 2024, a 65% increase from the previous quarter, and an 88% improvement in adjusted EBITDA with a loss of around $92,000. These results align with the company's prior outlook of $7.5 million in revenue and positive adjusted EBITDA for the full year. The growth is attributed to the acquisitions of DSL Digital and BeOp, which have contributed to the company's post-acquisition acceleration. Collective Audience also highlighted major new client campaign bookings worth over $2.2 million for Q4 and anticipates continued revenue and adjusted EBITDA growth. CEO Peter...Show More
