Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries InvestorNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Releases Q1 2022 Unaudited Report By: Investor Brand Network May 27, 2022 at 10:20 AM EDT iClick Interactive (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, is reporting its first quarter 2022 financial numbers. Included in the report is revenue of $47.4 million, which is down from $66.6 million for the first quarter of 2021, gross profit of $16 million compared with $19.5 million for Q1 2021, and total operating expenses of $25.6 million for the first quarter of 2022, fairly flat when compared with $25.9 million for the first quarter of 2021. The report also showed operating costs for the quarter were $9.6 million while net loss reached $9.3 million for the quarter. Adjusted EBITDA for Q1 2022 was a loss of $3.4 million. “We are pleased with the continued strong performance of our enterprise solutions, with a 34% year-over-year revenue growth rate to $15.7 million, representing another record high as compared to any of our historical first quarters,” said iClick cofounder, chair and CEO Jian “T.J.” Tang in the press release. “With the rising contribution from the higher-margin Enterprise Solutions business, we saw improved gross margin in the first quarter of 2022 as well. In the meantime, as mentioned last quarter, we have continued to execute our strategic move to unwind lower-margin, higher-risk marketing solutions businesses, to focus on our enterprise solutions.” To view the full press release, visit https://ibn.fm/p2yJR About iClick Interactive Asia Group Limited iClick is a leading enterprise and marketing cloud platform in China. The company’s mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick’s full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in 11 locations across Asia and Europe. For more information about the company, please visit www.iClick.com. NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW)8033 Sunset Blvd Suite 1037-IWLos Angeles, CA 90046310.299.1717 Officewww.InvestorWire.comEditor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
InvestorNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Releases Q1 2022 Unaudited Report By: Investor Brand Network May 27, 2022 at 10:20 AM EDT iClick Interactive (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, is reporting its first quarter 2022 financial numbers. Included in the report is revenue of $47.4 million, which is down from $66.6 million for the first quarter of 2021, gross profit of $16 million compared with $19.5 million for Q1 2021, and total operating expenses of $25.6 million for the first quarter of 2022, fairly flat when compared with $25.9 million for the first quarter of 2021. The report also showed operating costs for the quarter were $9.6 million while net loss reached $9.3 million for the quarter. Adjusted EBITDA for Q1 2022 was a loss of $3.4 million. “We are pleased with the continued strong performance of our enterprise solutions, with a 34% year-over-year revenue growth rate to $15.7 million, representing another record high as compared to any of our historical first quarters,” said iClick cofounder, chair and CEO Jian “T.J.” Tang in the press release. “With the rising contribution from the higher-margin Enterprise Solutions business, we saw improved gross margin in the first quarter of 2022 as well. In the meantime, as mentioned last quarter, we have continued to execute our strategic move to unwind lower-margin, higher-risk marketing solutions businesses, to focus on our enterprise solutions.” To view the full press release, visit https://ibn.fm/p2yJR About iClick Interactive Asia Group Limited iClick is a leading enterprise and marketing cloud platform in China. The company’s mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick’s full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in 11 locations across Asia and Europe. For more information about the company, please visit www.iClick.com. NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW)8033 Sunset Blvd Suite 1037-IWLos Angeles, CA 90046310.299.1717 Officewww.InvestorWire.comEditor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork.
iClick Interactive (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, is reporting its first quarter 2022 financial numbers. Included in the report is revenue of $47.4 million, which is down from $66.6 million for the first quarter of 2021, gross profit of $16 million compared with $19.5 million for Q1 2021, and total operating expenses of $25.6 million for the first quarter of 2022, fairly flat when compared with $25.9 million for the first quarter of 2021. The report also showed operating costs for the quarter were $9.6 million while net loss reached $9.3 million for the quarter. Adjusted EBITDA for Q1 2022 was a loss of $3.4 million. “We are pleased with the continued strong performance of our enterprise solutions, with a 34% year-over-year revenue growth rate to $15.7 million, representing another record high as compared to any of our historical first quarters,” said iClick cofounder, chair and CEO Jian “T.J.” Tang in the press release. “With the rising contribution from the higher-margin Enterprise Solutions business, we saw improved gross margin in the first quarter of 2022 as well. In the meantime, as mentioned last quarter, we have continued to execute our strategic move to unwind lower-margin, higher-risk marketing solutions businesses, to focus on our enterprise solutions.” To view the full press release, visit https://ibn.fm/p2yJR About iClick Interactive Asia Group Limited iClick is a leading enterprise and marketing cloud platform in China. The company’s mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick’s full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in 11 locations across Asia and Europe. For more information about the company, please visit www.iClick.com. NOTE TO INVESTORS: The latest news and updates relating to ICLK are available in the company’s newsroom at http://ibn.fm/ICLK About InvestorWire InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily. For more information, please visit https://www.InvestorWire.com Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer InvestorWire (IW)8033 Sunset Blvd Suite 1037-IWLos Angeles, CA 90046310.299.1717 Officewww.InvestorWire.comEditor@InvestorWire.com InvestorWire is part of the InvestorBrandNetwork.
