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 issued its guidance for the upcoming financial year. “SRAX guided that the company was forecasting revenues of $11.5 million for the first quarter of 2022, with full-year revenues of $46-48 million. The numbers follow a strong series of recent results, with SRAX reporting $8.3 million in third-quarter revenues, with street analysts forecasting top-line sales to further increase to $10.05 million in the fourth quarter. Fourth-quarter results for 2021 are expected to be published on Monday, April 4, 2022,” a recent article reads. “Our team did excellent work in 2021, meeting and exceeding our guidance. The nature of our annual contracts provides us exceptional visibility into revenue,” said Christopher Miglino, founder and CEO of SRAX. “We are projecting that we will have our largest quarter ever in Q1 of 2022. With an acceleration in sales at the end of Q4, we are very comfortable in providing a full-year, 2022 guidance of $46-$48M.”
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About SRAX Inc.
SRAX is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information about the company, visit www.SRAX.com and MySequire.com.
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
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