QuoteMedia, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 07:01 am EST
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QuoteMedia, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 4.39 million compared to USD 3.82 million a year ago. Net income was USD 0.309543 million compared to USD 0.154931 million a year ago.
For the nine months, sales was USD 12.95 million compared to USD 11.26 million a year ago. Net income was USD 0.295504 million compared to USD 0.098393 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.