Innovid (NYSE:CTV - Get Free Report) will release its earnings data before the market opens on Tuesday, November 12th. Persons that wish to register for the company's earnings conference call can do so using this link.
Innovid (NYSE:CTV - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.06). The business had revenue of $37.95 million during the quarter, compared to analysts' expectations of $39.35 million. Innovid had a negative return on equity of 10.97% and a negative net margin of 14.15%. During the same quarter last year, the business posted ($0.03) EPS. On average, analysts expect Innovid to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Innovid Stock Performance
CTV traded up $0.04 during midday trading on Tuesday, hitting $1.97. The stock had a trading volume of 158,250 shares, compared to its average volume of 336,090. The business has a fifty day moving average of $1.81 and a 200 day moving average of $1.91. Innovid has a 1 year low of $1.01 and a 1 year high of $2.58. The company has a market cap of $288.43 million, a P/E ratio of -13.92 and a beta of 3.08.
Wall Street Analysts Forecast Growth
CTV has been the topic of several recent research reports. Morgan Stanley upped their price target on Innovid from $2.20 to $2.50 and gave the stock an "equal weight" rating in a research note on Tuesday, July 23rd. Needham & Company LLC restated a "buy" rating and issued a $3.00 price objective on shares of Innovid in a research note on Tuesday, August 6th.
View Our Latest Stock Report on Innovid
About Innovid
(
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Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising 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.
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