QuoteMedia, Inc. Provides Revenue Guidance for the First Quarter of 2021; Provides Earnings Guidance for the Year 2021
March 26, 2021 at 07:30 am EDT
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QuoteMedia, Inc. provided earnings guidance for the year 2021. The company is expecting a significant improvement in revenue growth and a return to profitability in 2021.
For the first quarter of 2021, the company is forecasting revenue growth of approximately 20% and expect to maintain this trajectory for the remainder of the year.
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.