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. (QMCI) is described in its public announcements as a software developer and cloud-based syndicator of financial market information and streaming financial data solutions. The QMCI news page on Stock Titan aggregates press releases and other coverage related to the company’s operating performance, client relationships, and product developments in the financial data and technology space.
Recent news from QuoteMedia has focused on quarterly and annual financial results, including revenue trends, adjusted EBITDA, net income or loss, and the effects of deferred revenue and development cost capitalization on reported profitability. These releases often include management commentary explaining how client wins, client losses, and economic conditions have influenced recurring revenue and bad debt allowances.
In addition to earnings-related updates, QuoteMedia issues news about product and data enhancements and client partnerships. Examples include announcements about supporting the Cboe One Canada Feed to expand Canadian equities market data coverage and partnering with Berkindale Analytics by supplying real-time and historical market data feeds via REST APIs and end-of-day services for an advanced analytics platform.
Investors and industry observers using this QMCI news page can review a chronological record of QuoteMedia’s financial disclosures, business outlook statements, and descriptions of its market data tools and services. The page is useful for tracking how the company presents its role as an alternative source of stock market data and research information for banks, brokerage firms, private equity firms, financial planners, media organizations, and other financial services companies.
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.
QuoteMedia, Inc. (OTCQB: QMCI) announced its fiscal 2021 financial results, showcasing significant growth. Annual revenue rose by 22% to $15,174,372 from $12,402,224 in 2020. Net income improved to $212,372, reversing a loss of $646,324 in 2020. Adjusted EBITDA reached $1,649,679, up from $734,068. The company is optimistic about 2022, anticipating similar revenue growth and aims to achieve SOC2 Type II certification, enhancing its credibility with financial institutions. A conference call is scheduled for March 30, 2022, to discuss these results in detail.
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