Zeta Global Holdings Corp. Class A (ZETA) said after close Tuesday that it lost $0.49 per share in quarter three 2022.
On the revenue line, the company reported $152.3 million, missing estimates by $6.5 million.
In the same quarter a year ago, the company lost $0.53 per share on revenue of $115.1 million.
The stock is down 4.48% to $8.00 after the report.
Despite revenues increasing, earnings decreased, signaling a decline in profit margins.
The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.
Trading in the five days leading up to the report earned Zeta Global Holdings Corp. Class A a Bullish Sentiment Rank from InvestorsObserver.
Prior to the report, InvestorsObserver gave the stock an overall score of 74. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.
Zeta Global Holdings Corp is an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software. It serves enterprise customers across multiple industries, including financial services, insurance, telecommunications, automotive, travel and hospitality, and retail.
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