Kubient Inc Stock Price, News & Analysis

Kubient, a cloud-based digital advertising software platform, has appointed Kimberly Kahn as VP of People Operations, effective May 10, 2021. She brings nearly 20 years of HR experience, having held key positions at DoubleVerify, TuneCore, and Culture Trip. Kahn's primary responsibilities will include recruitment and enhancing company culture. Founder and Interim CEO Paul Roberts emphasized her past success in HR for ad-tech firms, highlighting her experience as an asset for Kubient’s growth strategy, particularly in commercializing its Audience Cloud and KAI products.

Kubient will host a conference call on May 12, 2021, at 5:00 p.m. ET, to discuss its Q1 2021 financial results. The company provides a cloud-based platform for digital advertising aimed at enhancing programmatic buying and preventing ad fraud. A press release with financial results will precede the call. Investors can access the call via U.S. dial-in at 1-877-407-9208 or international dial-in at 1-201-493-6784, with a replay available until May 19, 2021. For more information, visit kubient.com.

Kubient (NasdaqCM: KBNT) announced the appointment of Leon Zemel as Chief Product Officer, a veteran with over 15 years in the ad:tech industry. Zemel previously served as Senior VP at DoubleVerify and has a history of significant contributions at x+1 and MediaMath. Alongside Zemel, Kubient is expanding its leadership team with Larry Mlawksi as Director of Client Success and Alexis Bryers as VP of KAI Partnerships. The company aims to enhance its Audience Cloud solutions and attract talent to drive innovation in digital advertising.

Kubient, Inc. (NasdaqCM: KBNT) reported significant growth in net revenues for Q4 2020, reaching $1.1 million, up from $280,000 in Q3 and $16,000 in Q4 2019. This growth was attributed to increased web traffic due to COVID-19 and election news. Despite this, the company faced a GAAP net loss of $2.2 million. For the full year, net revenues were $2.9 million compared to $178,000 in 2019. Additionally, Kubient has secured $20.7 million from a public offering to enhance product development and operations.

Kubient, Inc. (NASDAQ: KBNT) will host a conference call on March 25, 2021, at 5:00 p.m. ET to discuss its fourth quarter and full year financial results for 2020. The financial results will be released prior to the call. Participants can dial in at 1-877-407-9208 for U.S. or 1-201-493-6784 internationally. A live broadcast and replay will be available on Kubient's website. Kubient focuses on transforming digital advertising through its Audience Cloud, offering solutions for programmatic advertising and fraud prevention.

Kubient (NASDAQ: KBNT) announced its participation in several virtual financial conferences in March 2021, including the 33rd Annual Roth Conference and the Maxim Inaugural Emerging Growth Virtual Conference. The company aims to provide advertisers and publishers with a cloud-based advertising marketplace, focusing on audience-based marketing and fraud prevention through AI technology. Interested parties can schedule meetings with Kubient's IR team for additional information.

Kubient (NasdaqCM: KBNT) has partnered with TronTV, a leading AVOD streaming service with 85 million monthly viewers, to combat ad fraud as its first programmatic partner. This collaboration marks Kubient's entry into the desktop app space, enhancing the advertising experience by leveraging its artificial intelligence technology for real-time fraud detection. The partnership aims to provide greater visibility for advertisers and ensure a premium ecosystem for TronTV. Kubient's focus on transparency and audience-based marketing positions it as a key player in ad fraud prevention.

Kubient (NasdaqCM: KBNT) has engaged Lake Street Capital Markets, LLC to provide M&A services aimed at enhancing its position in the advertising technology ecosystem. This partnership will focus on identifying mergers, acquisitions, or strategic investments in complementary businesses. Interim CEO Paul Roberts emphasized that this initiative will accelerate the development of Kubient's Audience Cloud marketplace, allowing the company to provide innovative solutions for publishers and advertisers more efficiently.

Kubient (NasdaqCM: KBNT) recently conducted a survey revealing significant concerns regarding advertising fraud in the industry. Key findings include:

• 56% of advertising professionals believe more needs to be done to combat fraud.
• 33% are looking for better solutions and insights into budget losses due to fraud.
• 50% would allocate 5% more of their budget to prevent fraud.
• 1 in 3 feel current discussions on fraud aren't leading to actionable solutions.

The survey reflects the urgent need for constructive dialogue and innovative tools to combat ad fraud.