QuoteMedia, Inc. Reports Revenue Results for the Second Quarter Ended June 30, 2016; Provides Earnings Guidance for the Second Half of 2016
August 12, 2016 at 05:30 pm
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QuoteMedia Inc. reported revenue results for the second quarter ended June 30, 2016. For the quarter, the company reported revenue of $2,188,192, down from $2,203,079 in the comparative period in 2015, a decrease of $14,887 (1%).
The company looking forward to a strong second half of 2016.
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.