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Innovid (CTV) - 2024 Q1 - Quarterly Results
CTVInnovid (CTV)2024-05-07 11:34

Exhibit 99.1 • Company exceeds both revenue and Adjusted EBITDA guidance for Q1 • Q1 revenue grew to $36.7 million, up 21% year-over-year • Q1 net loss improved year-over-year to $6.2 million and Adjusted EBITDA* improved to $4.4 million, representing a 12% Adjusted EBITDA margin* • Company raises full-year 2024 guidance "We're very proud to start 2024 with solid business momentum. We exceeded our revenue and Adjusted EBITDA guidance, demonstrated continuous improvement, and generated positive free cash flo ...