Quotient Technology Inc. - QUOT STOCK NEWS

Quotient Technology reported robust Q1 2021 financial results, demonstrating continued growth and strategic execution. Key figures include an updated revenue forecast for 2021, estimated between $505 million and $525 million. The company anticipates Q2 revenue of $117 million to $125 million and an Adjusted EBITDA of $2 million to $12 million. CEO Steven Boal emphasized a strong demand for their digital media solutions, driving positive momentum and confidence in the company's growth trajectory moving forward.

Quotient (NYSE: QUOT) has appointed Matthew Krepsik as Chief Analytics Officer, marking a significant addition to the company's leadership. Krepsik, with over 15 years of data analysis experience at Nielsen, will spearhead Quotient's analytics and measurement initiatives. His expertise is expected to enhance the company's ability to provide data-driven marketing strategies and insights into consumer behavior. CEO Steven Boal expressed confidence in Krepsik's visionary leadership, emphasizing the importance of data to Quotient's operations. This strategic move aims to position Quotient as a leader in the evolving digital media landscape.

Quotient (NYSE: QUOT) has partnered with Plum Market to enhance consumer savings through a variety of digital coupons and rebates accessible via the Plum Market app. This collaboration aims to support regional retailers by granting them access to Quotient's Retailer Promotion Platform, enabling them to deliver promotions akin to larger retailers. As a result, shoppers will benefit from national savings while accumulating loyalty points, enhancing their shopping experience. Quotient aims to broaden its reach in the retail market and improve promotional opportunities for advertisers.

Quotient Technology Inc. (NYSE: QUOT) announced it will release its financial results for Q1 2021 after market close on May 5, 2021. A press release and Stockholder Letter will be available on its Investor Relations website. Following this, management will host a conference call at 5:00 p.m. EDT to discuss the results, with options for pre-registration and live web access. Quotient is a leading digital media and promotions technology company that utilizes exclusive consumer spending data to drive measurable sales for advertisers and retailers, partnering with industry leaders like Procter & Gamble and Unilever.

Quotient (NYSE: QUOT) announced CEO Steven Boal's participation in the inaugural Path to Purchase Institute Retail Media Forum to discuss the successful launch of OREO THINS. Scheduled for March 31, the virtual panel will explore the integrated digital media strategy that spurred significant sales growth through effective retailer collaborations and consumer engagement. The campaign showcased measurable sales impacts, with millions of offers loaded onto loyalty cards, and helped grow new franchise buyers. Quotient leverages exclusive consumer data to enhance marketing efforts across various platforms.

Quotient (NYSE: QUOT) has launched a new promotion amplification tool within its Retailer Performance Media Platform to enhance consumer access to savings. Partnering with Ahold Delhaize USA and Peapod Digital Labs, this innovation combines loyal card data and retailer TPR pricing feeds to target audiences effectively. The tool aims to increase shopper awareness of temporary price reductions, potentially driving incremental sales and larger basket sizes. In tests, brands reported a 6.4% sales lift from using this tool.

Quotient (NYSE: QUOT), a digital media and promotions technology company, is set to continue its growth driven by the shift to digital. Key revenue drivers include increased digital coupon usage and the demand for hybrid shopping experiences. Quotient has expanded its retail partnerships and launched new offerings, including a collaboration with TikTok. The company has also been recognized for its creativity, winning awards for its marketing campaigns. Employee growth is notable, rising from 955 in 2019 to 1,163 in 2020, with a commitment to diversity. Quotient's philanthropy program aims to tackle critical community issues.

Quotient Technology Inc. (NYSE: QUOT) will present at the UBS Global Consumer and Retail Virtual Conference on March 9, 2021, at 12:00 p.m. PT. The event aims to showcase Quotient's role in digital media and promotions technology.

Quotient specializes in creating omnichannel brand-building opportunities, leveraging exclusive consumer spending and location data to drive sales. The company partners with renowned brands like Procter & Gamble and Unilever, and offers access to millions of shoppers daily.

Quotient (NYSE: QUOT) has announced the launch of In-Lane Digital Promotions at a major drug retailer in the latter half of 2021. This initiative aims to deliver targeted promotions through in-store receipts, enhancing the retailer's existing Quotient Retailer Promotions Platform. The solution will leverage shopper purchase data for personalized promotions, increasing brand exposure and driving incremental sales. With over 90% of consumers still shopping physically weekly, this approach integrates digital and physical marketing strategies, solidifying Quotient's position as a leader in omnichannel promotion.