$WEYLD Last month, the company completed its acqui
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Posted On: 02/28/2020 2:09:42 PM
$WEYLD Last month, the company completed its acquisition of the Minneapolis-based eCommerce technology company, Push Interactive, which provides an end-to-end eCommerce solution for enterprises and major U.S. brands that include HomeAdvisor, QuinStreet and Sunrun.
Weyland expects to report an annualized run rate of more than $48.6 million at year-end 2019, or $60.6 million on a combined pro forma basis with Push. This compares to $22.7 million in revenue for the full year 2018. The company also expects to report its first positive quarterly adjusted EBITDA after previously reporting it had turned adjusted EBITDA positive in the final month of Q3.
https://www.wsj.com/articles/PR-CO-20200227-918541
Weyland expects to report an annualized run rate of more than $48.6 million at year-end 2019, or $60.6 million on a combined pro forma basis with Push. This compares to $22.7 million in revenue for the full year 2018. The company also expects to report its first positive quarterly adjusted EBITDA after previously reporting it had turned adjusted EBITDA positive in the final month of Q3.
https://www.wsj.com/articles/PR-CO-20200227-918541
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