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Innovid Corp. - $CTV STOCK NEWS

Welcome to our dedicated page for Innovid news (Ticker: $CTV), a resource for investors and traders seeking the latest updates and insights on Innovid stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Innovid's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Innovid's position in the market.

Rhea-AI Summary

Innovid Corp. (NYSE:CTV) reported Q1 2024 financial results, exceeding revenue and Adjusted EBITDA guidance. Q1 revenue grew to $36.7 million, up 21% YoY, with a net loss of $6.2 million and Adjusted EBITDA of $4.4 million. The company raised full-year 2024 guidance, anticipating continued revenue growth and margin expansion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
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Rhea-AI Summary

Innovid Corp (NYSE: CTV) announced its participation in upcoming investor conferences including Oppenheimer 9th Annual Emerging Growth Conference, 19th Annual Needham Technology, Media, & Consumer Conference, and 25th Annual Israeli Conference. The company will discuss its software platform for advertising across connected TV, linear TV, and digital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
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conferences
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Rhea-AI Summary

Innovid (NYSE:CTV) has joined Ad Net Zero to focus on sustainability in the advertising industry, committing to reducing its carbon footprint and implementing a 5-Point Action Plan to manage emissions. The company's Harmony initiative aims to optimize CTV advertising infrastructure and promote sustainability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.71%
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Rhea-AI Summary
Innovid (NYSE:CTV) wins 'Best Measurement Tool' in the 2024 Digiday Video & TV Awards for its global converged TV measurement platform providing an unrivaled view of the CTV and linear universe. The platform, fueled by Innovid's ad server processing 1.3 billion video impressions daily, delivers powerful insights on TV campaigns. With over 1,050 certified publishers and thousands of users in 80 countries, Innovid's platform enables real-time reach and performance understanding, automatic actionable insights, and continuous marketing strategy innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.75%
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Rhea-AI Summary
Innovid (NYSE: CTV) will release its first quarter 2024 financial results on May 7th, followed by a conference call hosted by the Co-founder and CEO, Zvika Netter, and CFO, Anthony Callini. The company specializes in advertising across connected TV, linear, and digital platforms.
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Rhea-AI Sentiment
End-of-Day
-1.69%
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Rhea-AI Summary
Innovid (NYSE:CTV) launches Harmony Direct, the first of its Harmony initiative products, to optimize the CTV advertising ecosystem. The initiative aims to increase revenue opportunities for publishers, streamline the supply path, and create a more transparent and sustainable advertising environment. Harmony Direct has shown promising results in beta tests, leading to increased working media for agency partners and improved yield for publisher partners. Innovid's unique position in the industry allows it to lead the initiative and make CTV advertising better for all.
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Rhea-AI Sentiment
End-of-Day
14.16%
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Rhea-AI Summary
Innovid's CTV Advertising Insights Report highlights the exponential growth of interactive CTV campaigns, with engagement rates 4.6x higher than mobile video and 10.3x higher than desktop video. The report showcases the surge in CTV's dominance, accounting for 53% of video impressions, and the significant increase in average campaign reach. However, the rising frequency of ads poses a challenge of oversaturation. Viewers are shown to engage more with advanced creatives, with interactive ads and dynamic personalized ads earning additional time compared to standard pre-roll videos.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.24%
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Rhea-AI Summary
Innovid Corp. (NYSE: CTV) announces participation in upcoming investor conferences, including Susquehanna Technology Conference, JMP Securities Technology Conference, Morgan Stanley Technology, Media & Telecom Conference, and Roth 36th Annual Conference. Live webcast available for JMP Securities Technology Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
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conferences
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Rhea-AI Summary
Innovid Corp. (NYSE: CTV) surpasses revenue and Adjusted EBITDA guidance for Q4 and full year 2023, with Q4 revenue reaching $38.6 million, a 15% YoY growth. Q4 net loss improved to $1.7 million, and Adjusted EBITDA doubled to $8.3 million. Full-year 2023 saw operating cash flow of $12.4 million and free cash flow of $1.4 million. The company anticipates revenue growth and margin expansion in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.32%
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Rhea-AI Summary
Innovid (NYSE: CTV) introduces publisher-level outcomes analysis for DSP and SSP campaigns, enhancing transparency and optimization in advertising across connected TV, linear TV, and digital platforms. The new offering provides granular insights into media buys, inventory performance, and device transparency, empowering advertisers to find effective supply paths and maximize ROI.
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Rhea-AI Sentiment
End-of-Day
3.97%
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Innovid Corp.

NYSE:CTV

CTV Rankings

CTV Stock Data

320.22M
95.67M
15.56%
46.34%
0.24%
Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing
Manufacturing
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United States of America
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