SRAX Inc. (NASDAQ: SRAX) Reports Stellar 2Q2020 Results, Expects Accelerating Growth in 2020
SRAX Inc. reported its 2Q2020 results on August 17, 2020 Company reported revenues of $1.1 million, up 29% YoY with EBITDA rising by 35% YoY SRAX has been diligently implementing cost-savings measures, with operating cost reduction of 21% QoQ and 39% YoY Company has sought to bolster balance sheet, closing convertible debt offering of $16.1 million during quarter SRAX announced its acquisition of nearly $5 million in bookings across Sequire, BIGtoken platforms over the first six weeks of third quarter SRAX (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, recently reported its results for the…