Post by
Zach45895 on Apr 13, 2021 9:51am
Read between the lines
"For the second quarter in a row, illumin exceeded our internal expectations. We ended the first quarter with 17 illumin clients and we believe this number will increase significantly in the quarters ahead. Customer feedback continues to be very positive and the majority of illumin revenues are from clients which are new to the Company," said Tal Hayek, CEO and Co-Founder of AcuityAds. "Given our rapidly increasing backlog and pipeline, we believe illumin's sequential revenue growth will see continued strong momentum throughout the rest of the year."
Rapidly increasing backlog and pipeline are the key words here. There's more customers than they can currently handle .. that's what I'm understanding. Which in business, is an easy problem to fix. This is amazing news and why he's confidently predicting similar robust growth over the coming quarters.. if you keep adding 75% every quarter, that number grows very, very quickly. Good luck out there everyone!
Comment by
ddogold on Apr 13, 2021 10:00am
Excellent update from management . Hopefully the beginning of a renewed upswing .
Comment by
Thomas1959 on Apr 13, 2021 1:36pm
Multiply the current update 10 times and we are off to the races!