QuoteMedia Inc. Announces Revenue Results for the First Quarter Ended March 31, 2016; Provides Revenue Guidance for 2016
May 13, 2016 at 05:46 pm EDT
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QuoteMedia Inc. announced revenue results for the first quarter ended March 31, 2016. These results reflect first quarter revenue of $2,168,866, down from $2,188,317 in the comparative period in 2015, a decrease of $19,451 (1%).
The company remains on track to achieve positive year over year revenue growth.
QuoteMedia, Inc. provides financial data, market research information, analytics, news feeds, and financial software solutions to online brokerages, banks, clearing firms, financial service companies, media portals, and public corporations. It offers an array of market information and services: streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, mobile apps, and custom development. Its products and services are divided into three main categories: Data Feed Services; Interactive Web Content and Data APIs; and Portfolio Management and Real-Time Quote Systems. It offers its clients a range of data, information, and services, including streaming real-time data feeds, dynamic content Web displays, news feed aggregation and delivery, mobile app solutions and others. Its portfolio management products are provided on a software as a service model.
QUOTEMEDIA, INC. 
