Welcome to our dedicated page for Quotient Technology news (Ticker: QUOT), a resource for investors and traders seeking the latest updates and insights on Quotient Technology stock.
Quotient Technology Inc. (NYSE: QUOT), formerly known as Coupons.com Incorporated, stands at the forefront of the digital transformation within the multi-billion dollar promotions industry. By leveraging advanced technology, Quotient reshapes the landscape of shopping and commerce. Initially, the company revolutionized digital promotions by providing print-at-home coupons. Today, Quotient goes beyond this, processing vast amounts of data to predict consumer purchasing trends and deliver highly personalized and relevant offers.
In the previous year alone, Quotient powered over 3.5 billion digital-coupon transactions, enabling consumers to save an impressive $5.4 billion. This scale and reach are unmatched in the industry. Quotient's omnichannel platform is fueled by exclusive consumer spending data, location intelligence, and purchase intent data, reaching millions of shoppers daily and driving measurable, incremental sales.
The company's partnerships with high-profile advertisers, publishers, and retailers such as Clorox, Procter & Gamble, Unilever, CVS, Dollar General, Ahold Delhaize USA, Amazon, and Microsoft, highlight its significant market influence. Quotient is headquartered in Salt Lake City, Utah, with additional offices in the United States, Bangalore, Paris, London, and Tel Aviv, marking its global presence.
Quotient Technology's Recent Developments:
- JERSEY CITY, N.J., Sept. 5, 2023 - Neptune Retail Solutions completed the acquisition of Quotient Technology Inc., integrating their technology, systems, products, and infrastructure.
- SALT LAKE CITY - Quotient continues to drive innovation in digital promotions, leveraging its extensive network to deliver significant savings to consumers and measurable sales to partners.
Quotient (NYSE: QUOT), a digital promotions and media technology leader, is set to report its financial results for Q1 2023 on May 9, 2023, following market closure. Investors can find the press release and earnings materials on Quotient's Investor Relations website. A webcast conference call is scheduled for 5:00 p.m. EDT to discuss the financial results, with pre-registration encouraged to streamline access. Quotient partners with top-tier advertisers and retailers, leveraging consumer spending data and location intelligence to drive sales. The company operates globally, including locations in Salt Lake City, Bangalore, Paris, London, and Tel Aviv.
Quotient Technology Inc. (NYSE: QUOT) has appointed Michael Wargotz to its Board of Directors, effective immediately. Wargotz, an experienced public company board member with over 30 years in leadership and business development, fills the vacancy left by Matthew O’Grady, who resigned on
Quotient Technology Inc. (NYSE: QUOT) has appointed Jeff Williams as Chief Retail Officer, effective March 6, 2023. Williams brings over 20 years of experience in retail, CPG, and eCommerce, aiming to enhance Quotient's retailer relationships and expand its network. Alongside this, Yuneeb Khan has been promoted to Chief Operating Officer while retaining his role as Chief Financial Officer. Khan has been instrumental in advancing Quotient's business transformation since joining in July 2022. These appointments signal a strategic move to streamline operations and strengthen leadership in the digital promotions sector.
Quotient Technology Inc. (NYSE: QUOT) reported its financial results for Q4 and FY 2022, revealing a quarterly revenue of $70.7 million and a net income of $0.3 million. For the full year, revenue was $288.8 million, but the company posted a net loss of $76.5 million. Adjusted EBITDA stood at $13.2 million for Q4 and $14.9 million for the full year. In a pivotal move, Quotient completed a $105 million non-dilutive debt financing, strengthening its financial position without diluting shareholder equity. Looking ahead, the company anticipates Q1 2023 revenue between $55 million to $65 million and full-year revenue of $275 million to $305 million.
Quotient (NYSE: QUOT), a digital promotions and media technology leader, will report its Q4 financial results for the fiscal year ending December 31, 2022, after market close on February 28, 2023. The results will be available on its Investor Relations website, followed by a conference call at 5:00 p.m. EDT to discuss the outcomes. Interested parties can pre-register for the call or join via phone. Quotient's innovative platform leverages consumer spending data and location intelligence to connect with shoppers, partnering with major brands like Clorox and Amazon.
Quotient Technology Inc. (NYSE: QUOT) has appointed Allison Metcalfe as Chief Revenue Officer, effective immediately, following the upcoming departure of Scott Raskin as President on March 31, 2023. Metcalfe, with over 15 years in AdTech, previously served at Demandbase, overseeing substantial revenue growth. CEO Matt Krepsik expressed confidence in Metcalfe’s abilities to enhance the company's strategic initiatives. The transition comes as Quotient continues to realign its business structure, eliminating the President role, reflecting ongoing transformations within the company.
Quotient Technology (NYSE: QUOT) announced that CEO Matt Krepsik and CFO Yuneeb Khan will present at the 25th Annual Needham Growth Conference on January 10 at 9:30 AM ET. Interested investors can access the live webcast via the Company's Investor Relations page.
Quotient is a leader in digital media and promotions technology, partnering with top brands like Procter & Gamble and Amazon to enhance shopper engagement through unique data insights.
Quotient (NYSE: QUOT) has launched a Retail Ad Network to streamline retail media advertising for brands. This network aggregates various retail media platforms, enabling advertisers to execute and measure campaigns from a single, transparent system. The network aims to simplify the fragmented retail landscape, helping brands target consumers effectively and drive omnichannel sales. Leveraging first-party data and advanced measurement capabilities, Quotient aims to enhance performance transparency and facilitate greater advertising investment across participating retailers.
Quotient Technology Inc. (NYSE: QUOT) has successfully completed a $105 million non-dilutive debt financing. This includes a $50 million senior secured asset-based revolving credit facility from PNC Bank and $55 million in senior secured term loans from Blue Torch Capital. The funds were allocated to retire maturing convertible note obligations. CFO Yuneeb Khan highlighted that this move significantly enhances the company's capital structure and cash position without burdening the profit and loss statement. Quotient currently has no long-term debt outstanding.
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