Overview
Zoomd Q2 revenue grows 40% YoY to $19.6 mln
Adjusted EBITDA rises over 80%, reflecting improved operating margins
Net income reaches $6.1 mln, marking ninth consecutive quarter of growth
Outlook
Company focuses on expanding into new geographies and market segments
Zoomd emphasizes AI-powered automation to boost operational efficiency
Company partners with large agencies for user acquisition in core verticals
Zoomd targets high-growth sectors for future expansion
Result Drivers
GEOGRAPHIC EXPANSION - Increased presence in North America and Europe contributed to revenue growth
SECTOR PENETRATION - Greater penetration in entertainment and E-commerce sectors drove revenue increase
PLATFORM INTEGRATION - Integration with new media sources expanded platform reach, boosting revenue
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $19.60 mln |
|
Q2 Adjusted EBITDA |
| $5.60 mln |
|
Press Release: ID:nPn81wC4Ba