iClick Interactive Asia Group Limited (NASDAQ: ICLK) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “ICLK announced preliminary 4Q19 results and an initial FY20 outlook, both of which were marginally better than our expectations. 4Q19 revenue is expected to be mostly in-line (stronger enterprise offsetting slightly lower marketing solutions revenue-at the midpoint), which implies adj. EBITDA ~$0.8M better. FY20 revenue/adj. EBITDA guidance suggests upside to our (prior lowered) estimates, although due to ongoing COVID-19 uncertainty, we’re leaving our forward model unchanged. We plan on updating 4Q numbers when ICLK holds its formal earnings call (TBD).”
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About iClick Interactive Asia Group Limited
iClick Interactive Asia Group Limited is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, our proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe. For more information, please visit: ir.i-click.com.
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