AiAdvertising, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 05:05 pm EST
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AiAdvertising, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 1.85 million compared to USD 1.78 million a year ago. Net loss was USD 2.02 million compared to net income of USD 0.419868 million a year ago.
For the nine months, sales was USD 4.67 million compared to USD 5.33 million a year ago. Net loss was USD 6.64 million compared to USD 6.5 million a year ago. Basic loss per share was USD 0.01 compared to USD 0.01 a year ago. Diluted loss per share was USD 0.01 compared to USD 0.01 a year ago.
AiAdvertising, Inc. is an advertising technology (AdTech) company. The Company is focused on harnessing the power of artificial intelligence (AI) and machine learning (ML) to eliminate waste and maximize return on digital ad spend. The Company provides online marketing services, which it purchases from third parties. The Company offers a solution which enables marketers to automate data-driven, repetitive tasks and improves their ability to make predictions at scale. The Company also offers professional services, such as development services. Its product includes the Campaign Performance Platform, which is a cloud-hosted end-to-end Ad Management solution. The platform empowers brands to target, predict, create, scale, and measure hyper-personalized campaigns. The Company's software platform harnesses the power of machine learning and artificial intelligence (AI) to eliminate guesswork, predict what works, and prove advertising's impact on financial results.
AIADVERTISING, INC. 
