SPY337.04+2.15 0.64%
DIA278.14+0.64 0.23%
IXIC11,326.51+159.00 1.42%

iClick Sees Q3 Sales $66M-$70M vs $68.34M Est.

utlook Based on the information available as of the date of this press release, iClick provided the following outlook for the third quarter of 2020 and the following outlook for the 2020

Benzinga · 08/24/2020 11:22

utlook

Based on the information available as of the date of this press release, iClick provided the following outlook for the third quarter of 2020 and the following outlook for the 2020 full year:

ThirdQuarter 2020:

  • Revenue is estimated to be between US$66 million and US$70 million.
  • Revenue from Enterprise Solutions is estimated to be between US$7.5 million and US$9.5 million.
  • Gross profit is estimated to be between US$18 million and US$22 million.

Full Year 2020:

  • Revenue is estimated to be between US$240 million and US$260 million.
  • Gross profit is estimated to be between US$70 million and US$75 million.
  • Adjusted EBITDA is estimated to between US$9 million and US$12 million.