QuoteMedia, Inc. Announces Revenue Results for the Fiscal Year Ended December 31, 2016; Provides Revenue Guidance for the Full Year of 2017
March 31, 2017 at 01:16 pm EDT
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QuoteMedia, Inc. announced revenue results for the fiscal year ended December 31, 2016. These results reflect a 2% increase in year-over-year revenue, from $8,658,667 in 2015 to $8,870,155 in 2016.
The company provided revenue guidance for the full year of 2017. The company is determined to build on those successes and expect increased revenue growth in 2017.
QuoteMedia, Inc. provides financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations. It offers an array of market information and services: streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, mobile apps, and custom development. Its products and services are divided into three main categories: Data Feed Services; Interactive Web Content and Data APIs; and Portfolio Management and Real-Time Quote Systems. It offers its clients a range of data, information, and services, including streaming real-time data feeds, dynamic content Web displays, news feed aggregation and delivery, mobile app solutions and others. Its portfolio management products are provided on a software as a service model.