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Innovid Sees Q4 Revenue $35M-$37M Vs $34.57M Est.; FY23 Revenue $136M-$138M Vs $135.37M Est.

Author: Benzinga Newsdesk | November 08, 2023 08:57am

Financial Outlook


 

Innovid is providing the following financial guidance for Q4 and full year 2023:

•Q4 2023 revenue in a range between $35 million and $37 million.

•Q4 2023 Adjusted EBITDA* in a range between $5.5 million and $7.5 million.


 

FY 2023 revenue in a range between $136 million and $138 million.

•FY 2023 Adjusted EBITDA* in a range between $16.6 and $18.6 million for the full year with an Adjusted EBITDA margin* of at least 12% for the full year.


 

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