Innovid reports q4 and fiscal year 2023 financial results

Company exceeds both revenue and adjusted ebitda guidance for q4 and full year 2023 q4 revenue grew to $38.6 million, up 15% year-over-year q4 net loss improved to $1.7 million and adjusted ebitda* more than doubled to $8.3 million, representing a 21% adjusted ebitda margin* full-year 2023 operating cash flow of $12.4 million and free cash flow* of $1.4 million new york , feb. 27, 2024 /prnewswire/ -- innovid corp. (nyse: ctv) (the "company"), an independent platform for the creation, delivery, measurement, and optimization of advertising across connected tv (ctv), linear tv, and digital, today announced financial results for the fourth fiscal quarter and full year ended december 31, 2023. "we're very proud to close out a transformational year at innovid and exit 2023 with solid business momentum.
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