Welcome to our dedicated page for Quotemedia news (Ticker: QMCI), a resource for investors and traders seeking the latest updates and insights on Quotemedia stock.
QuoteMedia, Inc. reports recurring financial results and business updates as an OTCQB-traded provider of market data and financial applications. The company serves banks, brokerage firms, private equity firms, financial planners and sophisticated investors with stock market data, research information and related financial content.
QuoteMedia news commonly covers revenue trends, adjusted EBITDA, net income or loss, deferred revenue, enterprise contract activity and conference-call updates. Its operating updates reference streaming data feeds, on-demand XML/JSON data, financial web content for site integration and Quotestream Professional desktop and mobile applications.
QuoteMedia, Inc. (OTCQB: QMCI) reported a 15% revenue increase for Q3 2022, reaching $4,390,667 compared to $3,818,713 in Q3 2021. Gross margin improved to 52% from 47%, and net income rose to $309,543 from $154,931. Adjusted EBITDA increased to $670,145 from $539,534. However, due to the depreciation of the Canadian dollar, the company revised its 2022 revenue growth forecast to 16% from 19%. Despite this challenge, management anticipates increased profitability in future quarters.
QuoteMedia, Inc. (OTCQB: QMCI) will release its earnings for the quarter ending September 30, 2022, on November 10, 2022. A conference call is scheduled for the same day at 2:00 PM Eastern time to discuss the financial results and provide a business update. Dial-in numbers are provided for participants, with an audio rebroadcast available later on their website. QuoteMedia is recognized for its software and financial market information solutions, serving various major clients across the financial sector.
QuoteMedia, Inc. (OTCQB: QMCI) has secured a multi-year enterprise agreement with BMO InvestorLine, a division of BMO Financial Group. This partnership will enable BMO InvestorLine to utilize QuoteMedia's QuotestreamTM Web Trader, an advanced HTML5 portfolio management solution. The platform offers real-time data, analytics, and research tools tailored for high-frequency traders. QuoteMedia's CEO, Dave Shworan, emphasized the significance of this deal, marking it as validation of their commitment to excellence in financial technology and services.
Planet MicroCap released a new video interview featuring Dave Shworan, CEO of QuoteMedia Ltd. (OTCQB: QMCI), addressing the company's innovative approach to disrupting the financial data markets. Shworan discusses competitive strategies against established giants and outlines future directions for QuoteMedia.
QuoteMedia specializes in cloud-based financial market information and offers tools like real-time quotes and corporate financial data to various financial entities.
QuoteMedia, Inc. (QMCI) reported Q2 2022 financial results with revenues increasing to $4,298,957, marking a 12% rise from Q2 2021. However, the company incurred a net loss of $163,080, compared to a loss of $79,625 in the prior year. Adjusted EBITDA improved to $508,376 from $311,780 year-over-year. The company anticipates continued revenue growth with a forecast of 20% for the full year, driven by new enterprise agreements and partnerships. A conference call is scheduled for August 23, 2022, to discuss the results.
QuoteMedia, Inc. (QMCI) announced a partnership with The Arena Group to provide financial market data and content visualizations for TheStreet.com. This collaboration aims to enhance accessibility for a younger audience through QuoteMedia’s QMod Suite, which optimizes data presentation across devices. The partnership integrates a wide range of licensed QuoteMedia content, including equities, options, and analytics, to improve TheStreet.com’s subscription offerings. CEO Dave Shworan expressed excitement about being chosen as the data provider for a notable financial destination.
QuoteMedia, Inc. (OTCQB: QMCI) has secured an agreement with The Motley Fool to deliver a comprehensive suite of market data and financial applications for their popular fool.com website. This collaboration aims to enhance the user experience for over millions of individual investors by providing premium membership services, free market news, and exclusive tools for portfolio management. Both companies expressed enthusiasm for the partnership, highlighting QuoteMedia's reliable data and exceptional service as key factors in their selection.
QuoteMedia, Inc. (OTCQB: QMCI) reported Q1 2022 financial results, revealing a revenue increase of 18% year-over-year to $4,263,796 and a 9% quarter-over-quarter rise. Net income improved significantly to $204,666 from $23,087 in Q1 2021. Adjusted EBITDA also saw an increase to $680,424, up from $243,913 in the previous year. The company anticipates continued growth, projecting a full-year revenue increase of over 20%, bolstered by existing contracts and potential negotiations. A conference call to discuss these results was scheduled for May 13, 2022.
QuoteMedia, Inc. (QMCI) is set to release its earnings for the quarter ended March 31, 2022, on May 13, 2022. The company will hold a conference call at 2:00 PM Eastern that day to discuss its financial results and provide a business update. QuoteMedia is recognized for its market data solutions and financial applications, servicing a range of clients including major financial institutions and exchanges. Their offerings include real-time quotes, market research, and portfolio management tools.
QuoteMedia, Inc. (OTCQB: QMCI) has entered a multi-year agreement with a major Canadian bank to provide comprehensive financial data solutions. The contract includes a fully responsive quotes and research portal, mobile solutions, and the Quotestream™ Web platform, serving hundreds of thousands of trading customers. CEO Dave Shworan emphasized the growing demand for sophisticated data among retail investors. This partnership reflects QuoteMedia's successful strategies in enhancing its offerings and expanding its market presence.