Xcyte Digital Corp. (TSE:XCYT) has released an update.
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Xcyte Digital Corp. has successfully acquired the assets of Webinar.net, a cloud-based online presentation platform, positioning itself for strategic growth and financial scaling. The acquisition, which includes technology that supports large-scale participant engagement, promises to integrate seamlessly with Xcyte’s existing services. Webinar.net assets had generated $2.8 million in revenue and an EBITDA of $0.6 million in the past year, indicating a financially robust addition to Xcyte’s portfolio.
For further insights into TSE:XCYT stock, check out TipRanks’ Stock Analysis page.
