AcuityAds Holdings (TSE:ILLM) has released an update.
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AcuityAds Holdings announced a mixed second quarter of 2024 with a revenue dip to $29.2 million but saw a significant 61% increase in self-service revenue. Despite overall lower sales, the company achieved an 11% improvement in Adjusted EBITDA, primarily due to reduced operating costs and a new focus on sales initiatives for self-service and managed services.
For further insights into TSE:ILLM stock, check out TipRanks’ Stock Analysis page.
