QuoteMedia, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 02:38 pm EDT
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QuoteMedia, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 4.75 million compared to USD 4.26 million a year ago. Net income was USD 0.11329 million compared to USD 0.149041 million a year ago.
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.