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) remains a pivotal force in digital promotions and retail technology innovation. This centralized news hub provides investors and industry professionals with essential updates on corporate developments, strategic partnerships, and market leadership in personalized consumer engagement solutions.
Access real-time updates on QUOT's operational milestones, including technology integrations following its acquisition, retailer collaborations, and data-driven advancements in digital coupon ecosystems. Our curated news collection ensures you stay informed about earnings announcements, platform enhancements, and partnership expansions with major brands and retailers.
Key focus areas include omnichannel marketing innovations, enterprise technology deployments, and consumer savings initiatives. Regular updates cover regulatory filings, executive leadership changes, and progress reports on integrating Quotient's platforms with Neptune Retail Solutions' infrastructure.
Bookmark this page for direct access to official press releases and verified market intelligence. For comprehensive tracking of QUOT's evolving role in retail technology and digital promotions, we recommend checking back regularly for the latest authenticated updates.
Quotient (NYSE: QUOT), a leading digital media and promotions technology company, will participate in the 13th Annual Craig-Hallum Alpha Select Conference on November 17. CEO Matt Krepsik and CFO Yuneeb Khan will hold one-on-one and small group meetings with investors. Interested participants can register by contacting sharon.novak@craig-hallum.com. Quotient leverages exclusive data to connect advertisers and retailers with consumers, enhancing sales opportunities across various channels.
Quotient Technology reported a 2% sequential revenue growth for Q3 2022, totaling $70.3 million. Promotions revenue grew by 5%, outperforming the market. Despite a GAAP net loss of $7.2 million, this marks a significant improvement from the previous quarter's loss of $43.4 million. The company achieved an Adjusted EBITDA of $10 million, driven by a focus on high-margin technology solutions. Newly secured non-dilutive financing totaling $105 million will help retire convertible debt. Quotient's outlook for Q4 projects revenue between $76 million and $91 million.
Quotient Technology Inc. (NYSE: QUOT) has secured two significant financing commitments: a $50 million senior secured asset-based revolving credit facility from PNC Bank and a $55 million senior secured term loan facility from Blue Torch Capital. This new capital structure aims to retire maturing convertible note obligations and fund capital expenditures to bolster business growth. CEO Matt Krepsik emphasized that this non-dilutive debt financing enhances Quotient's capital structure and positions the company favorably for industry demands.
NCR Corporation (NYSE: NCR) has appointed Joseph "Joe" Reece to its Board of Directors as of November 4, 2022. A veteran with over 35 years of experience in finance and corporate strategy, Reece is co-founder of SilverBox Capital LLC and has held senior roles at UBS Securities and Credit Suisse. NCR's CEO, Michael D. Hayford, expressed optimism about Reece’s expertise during a critical transition period for NCR. Reece emphasized his intent to enhance shareholder value through strategic guidance.
Quotient (NYSE: QUOT) is set to release its financial results for Q2 2022, ending September 30, 2022, on November 8, 2022, after market closure. A conference call will follow at 5:00 p.m. EDT to discuss the results. Quotient is a leader in digital media and promotions, leveraging exclusive consumer spending data to drive sales for partners like Clorox and Procter & Gamble. Investors can access the earnings materials on Quotient's Investor Relations website.
Quotient (NYSE: QUOT) has launched the Shopmium app in the U.S., a leading grocery savings platform originating from Europe, designed to offer consumers cashback and brand discovery while shopping. The app allows users to photograph receipts for instant cashback through PayPal, with no payout thresholds. Amid inflation, it provides shoppers greater savings control. Brands benefit from consumer insights and increased product trials. Quotient emphasizes that Shopmium will enhance consumer-brand relationships and drive sales in the competitive U.S. market.
Quotient (NYSE: QUOT) has expanded its omnichannel measurement capabilities by integrating promotions, allowing marketers to evaluate the impact of media campaigns effectively. This new feature enables brands to access a comprehensive view of campaign performance and consumer shopping journeys across multiple touchpoints. Quotient's solution offers a deduplicated view of attributable dollars, enhancing planning and budgeting for future campaigns. The addition follows the recent launch of transparent, on-demand reporting for clients, further strengthening Quotient's position in the advertising landscape.
Quotient (NYSE: QUOT) has enhanced its digital out-of-home (DOOH) advertising capabilities within the Quotient Analytics Platform. Advertisers can now access near real-time insights about sales attribution and return on ad spend, which supports the growing trend of DOOH adoption. According to GroupM, OOH ad spending is projected to increase by 12% this year. Quotient's platform allows for granular insights based on various metrics, providing ad buyers with a tool for optimizing their campaigns. This enhancement signifies a key move in linking advertising metrics to real business outcomes.
Quotient Technology reported second quarter 2022 revenue of $69.3 million, a 44% decrease from the previous year. Promotions revenue fell 28% to $42.6 million, while Media revenue plummeted 59% to $26.6 million. Gross profit was $32.0 million, down from $41.7 million, though gross margin improved to 46.2%. The company experienced a net loss of $43.4 million and an adjusted EBITDA loss of $1.3 million. For Q3 2022, it forecasts revenue between $70 million and $80 million.
