Fiscalnote Hldg - NOTE STOCK NEWS

FiscalNote Holdings, Inc (NYSE: NOTE) will participate in the 25th Annual Needham Growth Conference on January 10, 2023, at 8:00 am ET in New York City. CEO Tim Hwang will present an overview of the company and hold one-on-one meetings with investors. A live webcast will be available, with an on-demand replay accessible for 90 days on FiscalNote's investor relations website.

FiscalNote Holdings (NYSE: NOTE) has appointed Richard Henderson as Chief Revenue Officer, effective immediately. Henderson brings over 20 years of experience in global leadership roles at high-growth technology firms. Previously, he significantly increased annual recurring revenue and improved EBITDA margins at Higher Logic. His experience at Corporate Executive Board involved driving substantial sales growth. This appointment aims to enhance FiscalNote's sales strategy and accelerate profitability by Q4 2023, positioning the company for continued global growth.

FiscalNote (NYSE: NOTE) announced a landmark partnership with the National Assembly of Korea, formalized during a signing ceremony in Seoul on December 21, 2022. This collaboration marks the first of its kind between the Assembly and a commercial provider, focusing on AI-driven policy intelligence and legislative tracking. The partnership aims to enhance policy monitoring and explore the development of big data and AI industries. FiscalNote’s CEO, Tim Hwang, emphasized the significance of this collaboration in supporting decision-makers with critical insights.

FiscalNote Holdings (NYSE: NOTE) announced new customer agreements across healthcare and biotech sectors, enhancing its market intelligence solutions. These include significant contract renewals and expansions with major organizations like Kaiser Permanente and Moderna. The company is addressing the growing demand for effective policy monitoring in a complex regulatory environment. With advancements in SaaS technology, FiscalNote aims to provide comprehensive tools for navigating challenges in the evolving healthcare landscape, particularly in the U.S. and Europe.

FiscalNote Holdings (NYSE: NOTE) announced a groundbreaking integration with Fireside, enhancing its CRM platform by incorporating AI-powered transcripts and video content from Congressional floor speeches and committee hearings. This innovation, expected in early 2023, aims to streamline communications for legislators and their teams, providing quick access to remarks for effective engagement with constituents. The integration is set to establish a centralized repository for lawmakers' statements, fostering transparency and facilitating timely responses to media coverage.

FiscalNote Holdings, Inc. (NYSE: NOTE) has announced a significant relaunch of its SaaS policy and stakeholder management platform. This upgrade features a complete technology rebuild, offering a modern user interface, integrated news feed from CQ News, and enhanced usability for policy professionals. The platform aims to help organizations navigate the evolving policy landscape efficiently. Key improvements include streamlined searches, customizable workspaces, and new infrastructure for faster future innovations.

FiscalNote Holdings (NYSE: NOTE) announced significant commercial customer agreements, showcasing its growing influence as an AI-driven enterprise SaaS technology provider in policy and market intelligence. The company has secured new contracts and renewals with numerous prominent clients, including Chevron, Boeing, and Amgen. These contracts signal increasing demand for FiscalNote’s services as organizations navigate regulatory challenges and economic complexities. FiscalNote emphasizes its commitment to helping businesses leverage technology to adapt in a rapidly changing environment.

FiscalNote announced a strong third quarter for FY 2022, with revenue growth of 34% year-over-year, totaling $29.1 million. Non-GAAP adjusted revenue increased by 27%. The company reports a GAAP net loss of $109 million due to non-cash items from its public listing. Adjusted EBITDA loss stood at $7.4 million. FiscalNote anticipates 2022 GAAP revenue of $112-$114 million, marking a 36% growth forecast, and aims for positive adjusted EBITDA by Q4 2023. ARR reached $108 million, with net revenue retention at 99%.

FiscalNote Holdings (NYSE: NOTE) is set to report its third-quarter 2022 financial results on November 14, 2022, before the market opens. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss these results, which concluded on September 30, 2022. Interested parties can dial in or access a live webcast through their Investor Relations website. An audio replay will also be available until November 28, 2022.