Investor Webinar scheduled for
For FQ3 (
The substantial growth experienced by RocketFuel can be attributed to the introduction of two new products (mass payouts and blockchain-based gift cards and NFTs), the acquisition of multiple large new customers, as well as the increased adoption of the company's products by existing customers and partners. This combination has fueled an average revenue growth of 100% quarter over quarter for the past 7 quarters.
For the calendar year 2023, RocketFuel processed 525,000 transactions across approx. 125,000 unique customers.
RocketFuel will hold an investor call on Thursday, February 15, 2024 at 1:30 PM ET to discuss its FQ3 pre-announcement revenue.
"While we are pleased with our continued customer traction and revenue expansion, we also saw some challenges in FQ3” said
“In addition, one of our larger customers have had some challenges on their revenue side which impacted our FQ3., We have a healthy pipeline and we feel good about continuing our pattern of doubling our revenue on average every quarter, driven by new products, customers, and adoption as long as there are no major unexpected challenges.”
Investor Call Details
Date: | |
Time: | |
Dial-In Phone Number: | +1 720 707 2699 |
Meeting ID: | 81959604733 |
Passcode: | 252944 |
Link: | https://audience.mysequire.com/webinar-view?webinar_id=275c2b13-7d2b-41ae-8bc4-bbff88359589 |
About RocketFuel:
RocketFuel is a leading provider of payment processing solutions, offering innovative and secure services to businesses of all sizes. With a focus on delivering exceptional customer experiences and driving revenue growth, RocketFuel provides enterprise-class infrastructure and cutting-edge technology to process high volumes of payment transactions. The company has consistently demonstrated robust growth since its inception and continues to expand its customer base with industry-leading solutions. More information about RocketFuel is available at: www.rocketfuel.inc
Forward-Looking Statements Disclaimer:
The Company believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms of similar import (including the negative of any of these terms) may identify forward-looking statements. Such forward-looking statements, including but not limited to statements regarding the plans and objectives of management for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could cause results to differ materially from the forward-looking statements. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the accuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the company’s products and services; competition from existing products or new products that may emerge; the implementation of the company’s business model and strategic plans for its business and our products; estimates of the company’s future revenue, expenses, capital requirements and need for financing; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them. For further information on such risks and uncertainties, you are encouraged to review the Company's filings with the
For media inquiries or more information, please contact: press@rocketfuel.inc
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Source:
2024 GlobeNewswire, Inc., source