- SRAX reported their 3Q21 quarterly results on November 15, 2021
- The company reported 3Q21 revenues of $8.3 million, +219% YoY and +8% QoQ
- SRAX also reported that their 3Q21 EBITDA net loss narrowed to -$790k, with the company simultaneously revealing that their gross margin had widened to 78%
- SRAX’s investor intelligence platform, Sequire announced that their subscribers had swelled to 250 companies as of 3Q21, up from 225 companies at the end of the second quarter
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, recently published its third quarter 2021 quarterly results on Monday, November 15th (https://ibn.fm/vC1PH). SRAX reported third quarter revenues of $8.3 million, a figure which was up 219% year-over-year and 8% on a quarter-on-quarter basis. The company also seized on the opportunity to update their corporate revenue guidance, guiding for $10.1 million in Q4 revenues, whilst simultaneously re-affirming their fiscal year 2021 guidance and raising their target to $31.5 million.
SRAX’s stellar third quarter continue a trend which has seen the company’s financial returns go from strength to strength over the past year. The company comfortably met their revised Q3 revenue guidance of $8.3 million, which had been upgraded following the release of Q2 results, whilst concurrently announcing Sequire’s 3Q21 bookings of…
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
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