illumin Holdings (TSE:ILLM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
illumin Holdings reports a substantial 23% increase in third-quarter revenue, reaching a record $36.3 million, driven by significant growth in self-service revenue. The company’s self-service segment saw a 64% rise, contributing to a 200% improvement in adjusted EBITDA. Despite a net loss due to foreign exchange and tax expenses, illumin continues to expand its client base and repurchase shares, maintaining strong operational cash flow.
For further insights into TSE:ILLM stock, check out TipRanks’ Stock Analysis page.