AiAdvertising, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:29 pm EST
Share
AiAdvertising, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 2.09 million compared to USD 1.85 million a year ago. Net loss was USD 1.53 million compared to USD 2.02 million a year ago.
For the nine months, sales was USD 5.86 million compared to USD 4.67 million a year ago. Net loss was USD 4.31 million compared to USD 6.64 million 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.