NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Wit
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Posted On: 10/06/2021 4:11:58 PM
NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Witnessing Period of Strong Growth
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, recently announced its Q2 2021 results. The company reported Q2 revenues of $7.7 million, up 557% year over year and rising by 41% quarter on quarter. The company also updated its corporate revenue, noting Q3 guidance of $8.3 million, which would represent at least a +7.7% quarter-on-quarter increase. It increased its full-year revenue target to 32 million, from $30 million previously. The company also announced it would be carrying out a $10 million stock buy-back program and one-time special dividend payout. A recent article reads, “SRAX’s corporate action announcements come amidst a period of strong growth for the company. The company recently launched Microcaps.com, a news website designed to aggregate data surrounding the microcap equity sector. Moreover, SRAX also recently announced that it will be hosting the upcoming 2021 LD Micro Main Event, both in-person in Los Angeles as well as virtually via its Sequire Virtual Events platform.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, recently announced its Q2 2021 results. The company reported Q2 revenues of $7.7 million, up 557% year over year and rising by 41% quarter on quarter. The company also updated its corporate revenue, noting Q3 guidance of $8.3 million, which would represent at least a +7.7% quarter-on-quarter increase. It increased its full-year revenue target to 32 million, from $30 million previously. The company also announced it would be carrying out a $10 million stock buy-back program and one-time special dividend payout. A recent article reads, “SRAX’s corporate action announcements come amidst a period of strong growth for the company. The company recently launched Microcaps.com, a news website designed to aggregate data surrounding the microcap equity sector. Moreover, SRAX also recently announced that it will be hosting the upcoming 2021 LD Micro Main Event, both in-person in Los Angeles as well as virtually via its Sequire Virtual Events platform.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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