Innovid Corp

Innovid Corp.engages in developing software platform that provides critical technology infrastructure for the creation, delivery, and measurement of TV ads. The company was founded in 2007 and is headquartered in New York, NY.

Earnings data Q3 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Innovid Corp. operates as an independent software platform, which engages in ad serving, measurement and creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers, and media agencies. It operates through the following geographical segments: US, Canada, APAC, EMEA, and LATAM. The company was founded by Zvika Netter and Tal Chalozin in 2007 and is headquartered in New York, NY.

Jerash holdings (US) Inc

Ammo

With the stock market remaining volatile in 2023, many investors are looking for hidden gems trading at bargain prices. One area that often gets overlooked is penny stocks, or companies trading under $5 per share.

What Are the Most Promising Penny Stocks to Buy Now? 3 Top Picks.

Former Smartly.io Global Chief Sales Officer to Lead Strategic Client & Sales Function for Converged TV Advertising Platform NEW YORK , Aug. 30, 2023 /PRNewswire/ -- Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced the hire of Sarah Ripmaster as Senior Vice President, Strategic Accounts. Based in Chicago, she will report to Tim Braz, Executive Vice President, Global Sales.

Innovid Names Sarah Ripmaster as SVP, Strategic Accounts

Innovid Corp. (NYSE:CTV ) Q2 2023 Results Conference Call August 8, 2023 8:30 AM ET Company Participants Brinlea Johnson - IR Zvika Netter - Co-Founder and CEO Tanya Andreev-Kaspin - CFO Conference Call Participants Jared Pomerantz - Susquehanna Matthew Condon - JMP Securities Shweta Khajuria - Evercore ISI Laura Martin - Needham Operator Good day, ladies and gentlemen, and welcome to the Innovid Second Quarter 2023 Earnings Call. Our host for today's call is Brinlea Johnson, Investor Relations.

Innovid Corp. (CTV) Q2 2023 Earnings Call Transcript

Innovid Corp. (CTV) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.03 per share a year ago.

Innovid Corp. (CTV) Reports Q2 Loss, Tops Revenue Estimates

Q2 revenue increased to $34.5 million, up 4% year-over-year Q2 measurement revenue contributed $7.8 million, up 10% year-over-year, representing 23% of total Q2 revenue Innovid raises full year 2023 revenue and Adjusted EBITDA* guidance NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Innovid Corp. (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV), and digital, today announced financial results for the second fiscal quarter ended June 30, 2023. "We exceeded our guidance for the second quarter, and delivered strong results fueled by CTV and measurement growth," said Zvika Netter, Co-Founder and CEO.

Innovid Reports Q2 2023 Financial Results

NEW YORK, July 27, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced that management will present at Canaccord Genuity's 43rd Annual Growth Stock Conference.  The fireside chat will take place in Boston on Thursday, Aug. 10, 2023, at 8:30 a.m.

Innovid to Present at Canaccord Genuity's 43rd Annual Growth Stock Conference

Former Stackline VP to spearhead revenue operations for independent converged TV advertising platform NEW YORK , July 20, 2023 /PRNewswire/ -- Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV and digital, today announced the hire of Jeff Austin as Senior Vice President of Revenue Operations. In this role, Austin will be responsible for overseeing and optimizing revenue-generating processes and platforms, aligning Innovid's strategic functions across sales, marketing, customer success, and operations to maximize revenue growth and efficiency.

Innovid Appoints Software Ops Veteran Jeff Austin as Senior Vice President of Revenue Operations

NEW YORK , July 19, 2023 /PRNewswire/ -- Innovid Corp. (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV) and digital, today announced that it will release second quarter 2023 financial results before the market open on Tuesday, August 8, 2023. The Company will host a conference call to discuss its results at 8:30 a.m.

Innovid to Release Second Quarter 2023 Financial Results on August 8th

NEW YORK , July 5, 2023 /PRNewswire/ -- Innovid Corp. (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV) and digital, today announced that, based on a notification letter the Company received from the New York Stock Exchange (the "NYSE") on July 3, 2023, the Company has regained compliance with the NYSE's continued listing standards for minimum share price under Section 802.01C of the NYSE Listing Company Manual. On May 18, 2023, NYSE had notified Innovid that it was not in compliance with the NYSE's continued listing standards because the average closing price of the Company's common stock was less than $1.00 per share over a 30 trading-day period.

Innovid Regains Compliance with NYSE Continued Listing Standards

Former Viant, Google executive to spearhead agency business for independent converged TV advertising platform  NEW YORK , June 29, 2023 /PRNewswire/ -- Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization and measurement of converged TV across linear, CTV and digital, today announced the hire of Dave Fahey as Vice President, Agency Partnerships. In this role, Fahey will be responsible for driving strategic growth for Innovid's agency partnerships and supporting current agency relationships.

Innovid Appoints Ad Industry Veteran Dave Fahey as Vice President, Agency Partnerships

New global report from Innovid highlights sustained growth in CTV as retail advertisers prioritize reach and performance NEW YORK , June 28, 2023 /PRNewswire/ -- Among retail advertisers, connected TV (CTV) accounted for half (50%) of global video impression share in 2022, an increase of nearly 52% compared to 2019. That's according to a new retail vertical benchmarks report released today by Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV and digital.

CTV Accounts for Half of Global Video Impression Share for Retail Advertisers

NEW YORK , June 15, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital, today announced a first-to-market partnership with Upwave, an analytics platform for brand advertising, to use brand KPI signals for automated creative optimization across digital channels, including CTV, ensuring budget automatically goes to top performing ads. At launch, this capability is available to selected clients.

Innovid Partners With Upwave to Optimize CTV Advertising to Brand Outcomes

New global report from Innovid highlights sustained growth in CTV as automotive advertisers seek engagement and performance NEW YORK , June 6, 2023 /PRNewswire/ -- Among automotive advertisers, connected TV (CTV) now accounts for nearly seventy percent (68%) of global video impression share in 2022, an increase of 100% compared to 2019 – with mobile and desktop steadily declining year-over-year (YoY). That's according to a new automotive vertical benchmarks report released today by Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization and measurement of converged TV across linear, CTV and digital.

CTV Accounts for Nearly Seventy Percent of Global Video Impression Share for Automotive Advertisers

NEW YORK , June 5, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital (the "Company"), today announced that management will participate in a fireside chat hosted by Rohit Kulkarni at the Roth MKM Virtual AdTech Summit. The fireside chat will take place virtually on Monday, June 12, 2023 at 1:00pm ET.

Innovid to Participate in ROTH MKM Virtual AdTech Summit

NEW YORK , May 19, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital (the "Company"), today announced that, on May 18, 2023, it received written notice from the New York Stock Exchange (the "NYSE") that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30 trading-day period. The NYSE notice does not result in the immediate delisting of the Company's common stock from the NYSE.

Innovid Receives NYSE Continued Listing Standards Notice

NEW YORK , May 16, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital, announced an expanded partnership with NBCUniversal to deliver cross-platform, outcome-based KPIs for local marketers across CTV and linear. With InnovidXP, Innovid's converged TV measurement platform, NBCUniversal now offers real-time impact and incrementality metrics, enabling local advertisers to understand how their local buys convert into online actions and ultimately increase campaign optimization and conversions.

Innovid and NBCUniversal to Deliver Outcomes Measurement for Local Advertisers Across CTV and Linear

Innovid Corp (NYSE:CTV ) Q1 2023 Results Conference Call May 9, 2023 8:30 AM ET Company Participants John Williams - Head of Investor Relations Zvika Netter - Co-Founder, CEO Tanya Andreev-Kaspin - CFO Tal Chalozin - Founder, CTO Conference Call Participants Laura Martin - Needham & Company Matthew Dorrian - JMP Securities Jared Pomerantz - Susquehanna Financial Group Matthew Cost - Morgan Stanley Operator Greetings. Welcome to the Innovid Q1 2023 Earnings Conference Call.

Innovid Corp (CTV) Q1 2023 Earnings Call Transcript

Global report showcases growth and sustainability in CTV as advertisers prioritize its role in their media mix NEW YORK , May 11, 2023 /PRNewswire/ -- Connected TV (CTV) now accounts for over half (51%) of global video impression share, an increase of 10.9% compared to 2021 – with mobile and desktop steadily declining YoY. That's according to a new benchmarks report released today by Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization and measurement of converged TV across linear, CTV and digital.

CTV Accounts for Over Half of Global Video Impression Share According to New Innovid Study

NEW YORK , May 10, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital, today announced its participation in the following investor conferences: On Wednesday, May 17, 2023, Tal Chalozin, Co-Founder and Chief Technology Officer, and Tanya Andreev-Kaspin, Chief Financial Officer, will participate in a fireside chat at the 18th Annual Needham Technology & Media Conference in New York. The discussion will begin at 10:15 a.m.

Innovid to Present at Upcoming Investor Conferences

Reports Q1 revenue increased to $30.5 million, up 18% year-over-year Connected TV (CTV) accounted for 54% of video impressions in Q1 2023, vs. 49% in Q1 2022 NEW YORK , May 9, 2023  /PRNewswire/ -- Innovid Corp.  (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV), and digital, today announced financial results for the first fiscal quarter ended March 31, 2023.

Innovid Reports Q1 2023 Financial Results

De-SPAC Warrants Primer: Digging Through The Wreckage, Unearthing Gems Like Innovid.

De-SPAC Warrants Primer: Digging Through The Wreckage, Unearthing Gems Like Innovid

NEW YORK , April 19, 2023 /PRNewswire/ --  Innovid Corp. (NYSE: CTV) (the "Company"), an independent advertising platform for delivery, personalization and measurement of converged TV  across linear, connected TV (CTV) and digital, today announced the appointment of Genevieve Juillard to its Board of Directors. Juillard was elected as a Class I director of the Company for an initial term expiring at the annual meeting of shareholders in 2025 or until her earlier death, resignation or removal.

Experian Executive Joins Innovid Board of Directors

Innovid Corp. (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital, today announced preliminary unaudited estimated first quarter 2023 revenues and the timing of the Company's first quarter 2023 earnings release and conference call.

Innovid Announces Preliminary Unaudited First Quarter 2023 Revenue and Earnings Conference Call Date

Expanded InnovidXP partnership measures reach, frequency, and overlap results in real-time across CTV, linear, desktop, and mobile screens to yield incremental reach and frequency-based cost savings Global project management software brand achieves a 20% average decrease in cost per unique reach across devices NEW YORK , March 30, 2023 /PRNewswire/ -- Innovid Corp. (NYSE:CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, connected TV (CTV), and digital, announced today the results of a cross-device campaign in partnership with agency Davis Elen Advertising, which achieved an average 20% decrease in cost per unique reach for a global project management software client. This was done through expanding its use of Innovid's ad server and measurement solution, InnovidXP.

Innovid and Davis Elen Advertising Prove Cross-Device Effectiveness in Partnership with Samsung and LG

New integration helps Walmart Connect advertisers deliver more relevant ad creative to connected TV ads NEW YORK , March 21, 2023 /PRNewswire/ --  Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization and measurement of converged TV, today announced its partnership to power more personalized ad creative for Walmart DSP, the demand-side platform for the omnichannel retail media business of America's largest retailer – Walmart Connect . In addition to creative personalization, optimization and interactive experiences for placements like connected TV (CTV), Innovid will also offer ad delivery services to ensure the highest-quality video experience for the end consumer.

News for Innovid Corp Stock (CTV)