Needham Reiterates Buy on Illumin Holdings, Maintains $2.5 Price Target
$ILLM
Needham analyst Laura Martin reiterates Illumin Holdings (NASDAQ:ILLM) with a Buy and maintains $2.5 price target.
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TORONTO and NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM, NASDAQ:ILLM) ("illumin" or the "Corporation") today announced the final results of its substantial issuer bid (the "Offer"), which expired at 5:00 p.m. (Eastern Time) on August 30, 2023. Under the Offer, the Corporation has purchased for cancellation 4,593,200 of its common shares ("Shares") at a purchase price of C$2.65 per Share, for an aggregate purchase price of approximately C$12,171,980. Shares purchased under the Offer represent approximately 8.18% of the issued and outstanding Shares at the time that the Offer was commenced. Immediately following the completion of the Offer and having taken int
Total Revenue of $33.2 million Up 17.3% YoYillumin Self-Serve Revenue Up 145% QoQ As Client Base Grew 54% (All monetary figures are expressed in thousands of Canadian dollars unless otherwise stated) TORONTO and NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM, NASDAQ:ILLM) ("illumin" or the "Company"), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Second quarter 2023 revenue was $33.2 million, an increase of 17.3% year-over-year, and an increase
TORONTO and NEW YORK, July 20, 2023 (GLOBE NEWSWIRE) -- illumin (TSX:ILLM, NASDAQ:ILLM) ("illumin" or "Company"), a Journey Advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, is pleased to announce that it will report its second quarter 2023 financial results before market open on Thursday, August 10th, 2023. The Company will host a live video webcast to discuss the results on Thursday, August 10th, 2023, at 8:30 am Eastern Time. The webcast will be hosted by Tal Hayek, Co-Founder and Chief Executive Officer, Elliot Muchnik, Chief Financial Officer, and Nadeem Ahmed, Chief Revenue Officer with a question-and-answer s
TORONTO and NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) -- illumin (TSX:ILLM, NASDAQ:ILLM) ("illumin" or "Corporation"), a Journey Advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced that, at its annual and special meeting of shareholders (the "Meeting") held earlier today, all director nominees were elected as directors of the Corporation, as follows: NomineeVotes "For"% Votes ForVotes "Against"% of Votes AgainstTal Hayek13,181,16099.180%109,0370.820%Sheldon Pollack13,158,78899.011%131,4090.989%Roger Dent9,362,51570.447%3,927,68229.553%Paul Khawaja13,223,12699.495%67,0710.505%Igal Mayer13,161,01799.028%12
illumin Holdings Inc. (TSX:ILLM, NASDAQ:ILLM) ("illumin" or the "Corporation") today announced that it has notified the NASDAQ Stock Market LLC ("NASDAQ") of its intention to voluntarily delist its common shares ("Shares") from The Nasdaq Stock Market ("NASDAQ"). Shares will continue to trade on the Toronto Stock Exchange ("TSX"). With the majority of its Shares trading on the TSX, illumin believes the costs and administrative requirements associated with maintaining a dual listing are not justified at this time. The decision to voluntarily delist the Shares from NASDAQ was first announced by the Corporation in a press release on July 26, 2023. The Corporation plans to file a Form 25 wi
Needham analyst Laura Martin reiterates Illumin Holdings (NASDAQ:ILLM) with a Buy and maintains $2.5 price target.
illumin Holdings Inc (NASDAQ:ILLM) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $(0.03) by 133.33 percent. This is a 450 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $24.71 million which beat the analyst consensus estimate of $22.13 million by 11.64 percent. This is a 11.57 percent increase over sales of $22.14 million the same period last year.
TORONTO and NEW YORK, Sept. 01, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM, NASDAQ:ILLM) ("illumin" or the "Corporation") today announced that it has notified the NASDAQ Stock Market LLC ("NASDAQ") of its intention to voluntarily delist its common shares ("Shares") from The Nasdaq Stock Market ("NASDAQ"). Shares will continue to trade on the Toronto Stock Exchange ("TSX"). With the majority of its Shares trading on the TSX, illumin believes the costs and administrative requirements associated with maintaining a dual listing are not justified at this time. The decision to voluntarily delist the Shares from NASDAQ was first announced by the Corporation in a press release on
TORONTO and NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM, NASDAQ:ILLM) ("illumin" or the "Corporation") today announced the final results of its substantial issuer bid (the "Offer"), which expired at 5:00 p.m. (Eastern Time) on August 30, 2023. Under the Offer, the Corporation has purchased for cancellation 4,593,200 of its common shares ("Shares") at a purchase price of C$2.65 per Share, for an aggregate purchase price of approximately C$12,171,980. Shares purchased under the Offer represent approximately 8.18% of the issued and outstanding Shares at the time that the Offer was commenced. Immediately following the completion of the Offer and having taken int
Total Revenue of $33.2 million Up 17.3% YoYillumin Self-Serve Revenue Up 145% QoQ As Client Base Grew 54% (All monetary figures are expressed in thousands of Canadian dollars unless otherwise stated) TORONTO and NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX:ILLM, NASDAQ:ILLM) ("illumin" or the "Company"), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights Second quarter 2023 revenue was $33.2 million, an increase of 17.3% year-over-year, and an increase