NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Witnessing Period of Strong Growth
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, recently announced its Q2 2021 results. The company reported Q2 revenues of $7.7 million, up 557% year over year and rising by 41% quarter on quarter. The company also updated its corporate revenue, noting Q3 guidance of $8.3 million, which would represent at least a +7.7% quarter-on-quarter increase. It increased its full-year revenue target to 32 million, from $30 million previously. The company also announced it would be carrying out a $10 million stock buy-back program and one-time…