Innovid Corp

Innovid Corp.engages in developing software platform that provides critical technology infrastructure for the creation, delivery, and measurement of TV ads. The company was founded in 2007 and is headquartered in New York, NY.

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Innovid Corp (CTV) reports robust Q4 growth amidst market challenges

Innovid Corp (CTV) delivered strong financial performance in Q4 2022, driven by CTV growth and strategic initiatives.
While facing challenges in certain verticals and market uncertainties, the company remains well-positioned to capitalize on opportunities in the evolving landscape.
With a focus on measurement, market neutrality, and adaptability, Innovid is poised to navigate market dynamics and drive sustainable growth.
The company's positive outlook for 2023 and emphasis on revenue diversification underscore its resilience and strategic vision for the future.

Innovid Corp (CTV) reports robust Q1 growth and strategic partnerships

Innovid Corp (CTV) delivered a strong Q1 performance, capitalizing on the shift to CTV with revenue growth and improved EBITDA. Strategic partnerships and core client growth are key drivers of success.
While facing challenges in certain sectors, Innovid's focus on innovation and market leadership in CTV advertising presents opportunities for sustained growth and expansion.
Overall, the company remains confident in its position as a technology infrastructure leader for TV advertising, poised for further success in the evolving landscape.

Innovid Corp surpasses Q2 guidance, eyes growth through AI innovation

Innovid Corp's Q2 performance exceeded expectations, driven by CTV and measurement growth, showcasing a solid quarter with key client wins. The company's strategic investments in AI, automation, and talent aim to drive future growth and enhance operational efficiency.

Innovid Corp surpasses Q3 guidance, eyes sustainable profitability and growth

Innovid Corp's Q3 performance exceeded expectations, driven by strong CTV revenue growth and new customer wins. While challenges like net losses persist, the company is focused on sustainable profitability and enhancing ad optimization capabilities. Investors have an opportunity to learn more about Innovid's future direction at the upcoming Investor Day.

Innovid Corp reports record Q4 revenue and eyes CTV growth

Innovid Corp's strong Q4 performance, focus on innovation, and commitment to expanding margins position it well for growth in the CTV advertising space.
While challenges like market competition and maintaining growth exist, opportunities in CTV adoption trends and ecosystem enhancement offer avenues for continued success.
By leveraging its unique technology, attracting top advertisers, and staying ahead in product releases, Innovid aims to drive industry success and achieve significant growth in 2024.

Innovid Corp excels in Q1 2024, launches Harmony initiative

Innovid Corp's Q1 2024 performance reflects strong revenue growth, positive free cash flow, and strategic client wins and expansions.
The Harmony initiative and product suite demonstrate the company's commitment to optimizing the CTV advertising ecosystem for long-term growth.
While facing challenges in immediate commercial impact and competitive pressures, Innovid's focus on innovation and value creation presents opportunities for sustained growth and market leadership.

Innovid Corp (CTV) reports strong Q2 performance and strategic partnerships

Innovid Corp (CTV) delivered robust financial results, showcased innovation through the Harmony initiative, and secured key partnerships and customer wins. While facing potential challenges from competition and growth management, the company is well-positioned to capitalize on opportunities in the evolving CTV advertising landscape.

Innovid Corp (CTV) reports Q3 growth, navigates revenue challenges

Innovid Corp (CTV) reported solid Q3 2024 performance with revenue growth and improved profitability. The company faces revenue challenges but remains focused on CTV growth and strategic initiatives.
Despite lowered revenue guidance for Q4, the emphasis on profitability, margin expansion, and operational efficiency underscores a resilient business strategy. Innovid Corp's strong financial position and strategic partnerships position it for long-term success.
Opportunities in the growing CTV market, international expansion, and innovation present avenues for sustained growth and market leadership. The company's commitment to shareholder value creation and strategic partnerships enhances its competitive position in the digital advertising landscape.

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Innovid Corp. engages in the operation of a software platform of technology infrastructure for the creation, delivery, and measurement of TV/video ads across CTV, linear TV, and mobile and desktop TV environments. The company was founded by Zvika Netter and Tal Chalozin in 2007 and is headquartered in New York, NY.

Former Stackline Executive to Spearhead Enterprise Sales Division for Independent Converged TV Advertising Platform NEW YORK , Nov. 2, 2023 /PRNewswire/ --  Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced the hire of Alex Rowe as Senior Vice President (SVP) of Enterprise Sales. Based in Seattle, Rowe will report to Tim Braz, Executive Vice President of Global Sales.

Innovid Names Alex Rowe as Senior Vice President of Enterprise Sales

-       Preliminary Q3 Revenue of $36M, Above the High End of Guidance-       Anthony Callini Named New Chief Financial Officer-       Innovid to Release Third Quarter 2023 Results on Wednesday, November 8 NEW YORK , Oct. 16, 2023 /PRNewswire/ -- Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced the appointment of Anthony Callini as Chief Financial Officer, effective today, while Tanya Adreev-Kaspin, who will be leaving Innovid to pursue other opportunities, will remain for a transition period of six months. The Company also reported positive preliminary unaudited third quarter 2023 revenue of approximately $36 million, exceeding the high end of its previously provided revenue guidance of $33 million to $35 million.

Innovid Appoints New CFO and Announces Preliminary Unaudited Q3 2023 Revenue Exceeding Guidance

NEW YORK , Oct. 12, 2023 /PRNewswire/ --  Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced it will be hosting an Investor Day on Thursday, Nov. 30, 2023, at @Ease, 1345 Avenue of the Americas in New York City beginning at 2:00 p.m Eastern Time until approximately 5:00 p.m. Eastern Time.

Innovid to Host Investor Day in New York on Nov. 30, 2023

Innovid operates an ad platform and measurement service that is slowly growing revenue despite softness in the ad market. CTV has plenty of cash to sustain a few more rough quarters and is trading at a 22% discount to book value. Goodwill is a potential concern, but insiders have been buying the stock since May.

Innovid: A TV Measurement Disruption Play

As the Majority of Advertisers Plan to Increase Converged TV Spend, Innovid Closes the Gap Between TV Measurement and Campaign Optimization Using InnovidXP Measurement, Marketers Can Now Instantly Optimize Ads in Real-Time NEW YORK , Oct. 10, 2023 /PRNewswire/ --  Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced the launch of Instant Optimization, a machine-learning solution that empowers converged TV marketers with the ability to immediately optimize ad performance in flight. Instant Optimization provides the essential technology to automatically adjust which ad is seen, championing top-converting ads in real-time and improving performance across streaming and digital channels.

Innovid Launches Instant Optimization to Maximize Converged TV Campaign Performance Automatically

New Innovid Study Reveals Disconnect Between Measurement & Optimization Across Converged TV, Resulting in Business Impact NEW YORK , Sept. 27, 2023 /PRNewswire/ -- Although the majority of marketers (56%) spend more than half of their time optimizing converged TV ad performance, only 40% believe their ad optimization practices are "very good.

Majority of Advertisers Spend More than Half of Their Time Optimizing Converged TV Ad Performance & Still Fall Short

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Former Smartly.io Global Chief Sales Officer to Lead Strategic Client & Sales Function for Converged TV Advertising Platform NEW YORK , Aug. 30, 2023 /PRNewswire/ -- Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced the hire of Sarah Ripmaster as Senior Vice President, Strategic Accounts. Based in Chicago, she will report to Tim Braz, Executive Vice President, Global Sales.

Innovid Names Sarah Ripmaster as SVP, Strategic Accounts

Innovid Corp. (NYSE:CTV ) Q2 2023 Results Conference Call August 8, 2023 8:30 AM ET Company Participants Brinlea Johnson - IR Zvika Netter - Co-Founder and CEO Tanya Andreev-Kaspin - CFO Conference Call Participants Jared Pomerantz - Susquehanna Matthew Condon - JMP Securities Shweta Khajuria - Evercore ISI Laura Martin - Needham Operator Good day, ladies and gentlemen, and welcome to the Innovid Second Quarter 2023 Earnings Call. Our host for today's call is Brinlea Johnson, Investor Relations.

Innovid Corp. (CTV) Q2 2023 Earnings Call Transcript

Innovid Corp. (CTV) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.03 per share a year ago.

Innovid Corp. (CTV) Reports Q2 Loss, Tops Revenue Estimates

Q2 revenue increased to $34.5 million, up 4% year-over-year Q2 measurement revenue contributed $7.8 million, up 10% year-over-year, representing 23% of total Q2 revenue Innovid raises full year 2023 revenue and Adjusted EBITDA* guidance NEW YORK , Aug. 8, 2023 /PRNewswire/ -- Innovid Corp. (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV), and digital, today announced financial results for the second fiscal quarter ended June 30, 2023. "We exceeded our guidance for the second quarter, and delivered strong results fueled by CTV and measurement growth," said Zvika Netter, Co-Founder and CEO.

Innovid Reports Q2 2023 Financial Results

NEW YORK, July 27, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced that management will present at Canaccord Genuity's 43rd Annual Growth Stock Conference.  The fireside chat will take place in Boston on Thursday, Aug. 10, 2023, at 8:30 a.m.

Innovid to Present at Canaccord Genuity's 43rd Annual Growth Stock Conference

Former Stackline VP to spearhead revenue operations for independent converged TV advertising platform NEW YORK , July 20, 2023 /PRNewswire/ -- Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV and digital, today announced the hire of Jeff Austin as Senior Vice President of Revenue Operations. In this role, Austin will be responsible for overseeing and optimizing revenue-generating processes and platforms, aligning Innovid's strategic functions across sales, marketing, customer success, and operations to maximize revenue growth and efficiency.

Innovid Appoints Software Ops Veteran Jeff Austin as Senior Vice President of Revenue Operations

NEW YORK , July 19, 2023 /PRNewswire/ -- Innovid Corp. (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV) and digital, today announced that it will release second quarter 2023 financial results before the market open on Tuesday, August 8, 2023. The Company will host a conference call to discuss its results at 8:30 a.m.

Innovid to Release Second Quarter 2023 Financial Results on August 8th

NEW YORK , July 5, 2023 /PRNewswire/ -- Innovid Corp. (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV) and digital, today announced that, based on a notification letter the Company received from the New York Stock Exchange (the "NYSE") on July 3, 2023, the Company has regained compliance with the NYSE's continued listing standards for minimum share price under Section 802.01C of the NYSE Listing Company Manual. On May 18, 2023, NYSE had notified Innovid that it was not in compliance with the NYSE's continued listing standards because the average closing price of the Company's common stock was less than $1.00 per share over a 30 trading-day period.

Innovid Regains Compliance with NYSE Continued Listing Standards

Former Viant, Google executive to spearhead agency business for independent converged TV advertising platform  NEW YORK , June 29, 2023 /PRNewswire/ -- Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization and measurement of converged TV across linear, CTV and digital, today announced the hire of Dave Fahey as Vice President, Agency Partnerships. In this role, Fahey will be responsible for driving strategic growth for Innovid's agency partnerships and supporting current agency relationships.

Innovid Appoints Ad Industry Veteran Dave Fahey as Vice President, Agency Partnerships

New global report from Innovid highlights sustained growth in CTV as retail advertisers prioritize reach and performance NEW YORK , June 28, 2023 /PRNewswire/ -- Among retail advertisers, connected TV (CTV) accounted for half (50%) of global video impression share in 2022, an increase of nearly 52% compared to 2019. That's according to a new retail vertical benchmarks report released today by Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV and digital.

CTV Accounts for Half of Global Video Impression Share for Retail Advertisers

NEW YORK , June 15, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital, today announced a first-to-market partnership with Upwave, an analytics platform for brand advertising, to use brand KPI signals for automated creative optimization across digital channels, including CTV, ensuring budget automatically goes to top performing ads. At launch, this capability is available to selected clients.

Innovid Partners With Upwave to Optimize CTV Advertising to Brand Outcomes

New global report from Innovid highlights sustained growth in CTV as automotive advertisers seek engagement and performance NEW YORK , June 6, 2023 /PRNewswire/ -- Among automotive advertisers, connected TV (CTV) now accounts for nearly seventy percent (68%) of global video impression share in 2022, an increase of 100% compared to 2019 – with mobile and desktop steadily declining year-over-year (YoY). That's according to a new automotive vertical benchmarks report released today by Innovid  (NYSE: CTV), an independent advertising platform for the delivery, personalization and measurement of converged TV across linear, CTV and digital.

CTV Accounts for Nearly Seventy Percent of Global Video Impression Share for Automotive Advertisers

NEW YORK , June 5, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital (the "Company"), today announced that management will participate in a fireside chat hosted by Rohit Kulkarni at the Roth MKM Virtual AdTech Summit. The fireside chat will take place virtually on Monday, June 12, 2023 at 1:00pm ET.

Innovid to Participate in ROTH MKM Virtual AdTech Summit

NEW YORK , May 19, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital (the "Company"), today announced that, on May 18, 2023, it received written notice from the New York Stock Exchange (the "NYSE") that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30 trading-day period. The NYSE notice does not result in the immediate delisting of the Company's common stock from the NYSE.

Innovid Receives NYSE Continued Listing Standards Notice

NEW YORK , May 16, 2023 /PRNewswire/ -- Innovid Corp. (NYSE: CTV), an independent advertising platform for delivery, personalization and measurement of converged TV across linear, connected TV (CTV) and digital, announced an expanded partnership with NBCUniversal to deliver cross-platform, outcome-based KPIs for local marketers across CTV and linear. With InnovidXP, Innovid's converged TV measurement platform, NBCUniversal now offers real-time impact and incrementality metrics, enabling local advertisers to understand how their local buys convert into online actions and ultimately increase campaign optimization and conversions.

Innovid and NBCUniversal to Deliver Outcomes Measurement for Local Advertisers Across CTV and Linear

Innovid Corp (NYSE:CTV ) Q1 2023 Results Conference Call May 9, 2023 8:30 AM ET Company Participants John Williams - Head of Investor Relations Zvika Netter - Co-Founder, CEO Tanya Andreev-Kaspin - CFO Tal Chalozin - Founder, CTO Conference Call Participants Laura Martin - Needham & Company Matthew Dorrian - JMP Securities Jared Pomerantz - Susquehanna Financial Group Matthew Cost - Morgan Stanley Operator Greetings. Welcome to the Innovid Q1 2023 Earnings Conference Call.

Innovid Corp (CTV) Q1 2023 Earnings Call Transcript

Global report showcases growth and sustainability in CTV as advertisers prioritize its role in their media mix NEW YORK , May 11, 2023 /PRNewswire/ -- Connected TV (CTV) now accounts for over half (51%) of global video impression share, an increase of 10.9% compared to 2021 – with mobile and desktop steadily declining YoY. That's according to a new benchmarks report released today by Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization and measurement of converged TV across linear, CTV and digital.

CTV Accounts for Over Half of Global Video Impression Share According to New Innovid Study

Reports Q1 revenue increased to $30.5 million, up 18% year-over-year Connected TV (CTV) accounted for 54% of video impressions in Q1 2023, vs. 49% in Q1 2022 NEW YORK , May 9, 2023  /PRNewswire/ -- Innovid Corp.  (NYSE:CTV) (the "Company"), an independent advertising platform for delivery, personalization, and measurement of converged TV across linear, connected TV (CTV), and digital, today announced financial results for the first fiscal quarter ended March 31, 2023.

News for Innovid Corp Stock (CTV)