Kubient, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 22, 2023 at 05:16 pm EDT
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Kubient, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.011748 million compared to USD 1.25 million a year ago. Net loss was USD 2.47 million compared to USD 3.63 million a year ago.
Basic loss per share from continuing operations was USD 0.17 compared to USD 0.25 a year ago.
Kubient, Inc. is a technology company. The Company provides Audience Marketplace, a cloud-based software platform for real-time trading of digital, programmatic advertising. Its platform enables advertisers and publishers to transact directly with each other on an open, end-to-end real-time bidding platform for programmatic digital advertising. Its advertising inventory on its platform is available in any channel: desktop, mobile, digital out-of-home, and connected devices; and in any format: video, display, audio, and native. Its fully integrated audience platform provides a fraud-minimized, transparent, independent advertising marketplace that facilitates intelligent decision-making, and automated transaction execution for the programmatic advertising industry. Its platform offers a machine learning fraud prevention solution, extremely low latency times and an audience management platform, which provides omni-channel access into all advertising channels, inventory and ad formats.
KUBIENT, INC. 
