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Quotient Technology reported its Q4 2020 financial results, highlighting a GAAP net loss of $25.3 million and adjusted EBITDA of $17.9 million. For the full year 2020, the company incurred a GAAP net loss of $65.4 million with adjusted EBITDA of $46.0 million. CEO Steven Boal emphasized the company's progress, attributing increased demand for its services to market trends favoring digital solutions. Additionally, Quotient's Board approved a $50 million stock buyback program effective February 16, 2021, and announced a relocation of its headquarters to Utah.
Quotient Technology (NYSE: QUOT) has appointed Lorraine Hariton to its Board of Directors and Nominating and Corporate Governance Committee. With over 25 years in leadership roles, including being the CEO of Catalyst, Hariton's addition is poised to enhance Quotient's digital solutions for advertisers and retailers. CEO Steven Boal expressed confidence in Hariton's ability to drive innovation while she noted the company's critical role in the evolving grocery retail space. Hariton's background includes significant positions at IBM and various technology startups, and she brings extensive experience in transforming organizations.
Ubimo, a Quotient brand (NYSE:QUOT), announced a partnership with VIOOH, enhancing access to Out-of-Home (OOH) advertising inventory. This collaboration allows agencies to utilize VIOOH's supply-side platform, leveraging exclusive data to improve campaign effectiveness. Advertisers will gain access to premium digital inventory from JCDecaux North America in key markets. The partnership aims to provide improved flexibility, targeting, and optimization, crucial for advertisers navigating a competitive landscape. This move positions Ubimo as a leader in the programmatic DOOH sector.
Quotient Technology Inc. (NYSE: QUOT) announced that it will report its financial results for Q4 and full year ended December 31, 2020, after market close on February 10, 2021. A press release and stockholder letter will be available on their Investor Relations website. Management will host a conference call at 5:00 p.m. EDT (2:00 p.m. PDT) to discuss the results. The company is a leading digital media and promotions technology platform connecting brands and retailers, leveraging consumer spending and location data.
Quotient Technology Inc. (NYSE: QUOT) reported record revenues for Q3 2020, driven by increased demand for digital promotions amid the pandemic. CEO Steven Boal noted strong growth opportunities for 2021, emphasizing the effectiveness of the company’s analytics platform for brands and retailers. Despite uncertainties from the ongoing health crisis, Quotient is positioned to capitalize on the shift towards digital marketing. Investors can access detailed financial results and management insights via the company’s investor relations website.
Quotient (NYSE: QUOT) has launched its new National Rebates platform, enhancing its digital promotions via the Coupons.com app. This platform introduces 'Cash Back' offers, allowing consumers to save at any U.S. store with itemized receipts, facilitating ease of use during a time when savings are crucial. The service aims to integrate with major retailers, providing a comprehensive digital savings experience. The initiative aligns with evolving consumer behaviors towards digital savings, and partners like General Mills have already engaged with the platform to maximize consumer outreach.
Quotient Technology Inc. (NYSE: QUOT) will announce its third-quarter financial results for the period ending September 30, 2020, after market close on November 5, 2020. The company plans to issue a press release and a Stockholder Letter, available on its Investor Relations page. Management will conduct a conference call at 5:00 p.m. EDT to discuss the results, with pre-registration encouraged to streamline access. Quotient specializes in digital promotions, media, and analytics, providing personalized coupons and ads to enhance sales for retailers and consumer packaged goods brands.