CloudCommerce (OTC: CLWD), a leading provider of digital advertising solutions, today announced that it now expects 2020 full year revenue to exceed $14 million and net operating income to exceed $1 million. According to the update, management’s confidence to provide guidance was driven primarily by contracted revenue from its existing client base, as well as new clients added within the last few months. “This has been a real team effort,” CloudCommerce CEO Andrew Van Noy said in the news release. “In spite of the COVID-19 pandemic headwinds, our team members are setting new performance records. As a result, 2020 promises to be the best year ever for CloudCommerce.”
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About Cloud Commerce, Inc.
CloudCommerce, Inc. (CLWD) is a leading provider of digital advertising solutions. Its flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. CloudCommerce does this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500(TM). To learn more about CloudCommerce, please visit www.CloudCommerce.com
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