Innovid Announces Financial Results for the Nine Months Ended September 30, 2021
Revenue of $64.3 million is up 41% over last year, driven by 65% growth in revenue from CTV Adjusted EBITDA of $3.7 million surges 201% vs. one year ago, representing a 6% adjusted EBITDA margin Expected to start trading as Innovid, under the new ticker symbol "CTV" on December 1, 2021, after completing a merger with ION Acquisition Corp. 2 Ltd. NEW YORK, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Innovid, a leading independent connected TV (CTV) advertising delivery and measurement platform, reports results for the nine months ended September 30, 2021, as part of its planned merger with ION Acquisition Corp. 2 Ltd. ("ION") (NYSE:IACB). The combined company will operate under the Innovid name an
