Troika Media Group Reports Q3 Sales Of $54.24M, Net Loss Of $(55.55)M
$TRKA
Advertising
Consumer Discretionary
Troika Media Group Reports Q3 Sales Of $54.24M, Net Loss Of $(55.55)M
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4 - Troika Media Group, Inc. (0001021096) (Issuer)
4 - Troika Media Group, Inc. (0001021096) (Issuer)
3 - Troika Media Group, Inc. (0001021096) (Issuer)
8-K - Troika Media Group, Inc. (0001021096) (Filer)
10-Q - Troika Media Group, Inc. (0001021096) (Filer)
8-K - Troika Media Group, Inc. (0001021096) (Filer)
4 - Troika Media Group, Inc. (0001021096) (Issuer)
NEW YORK, Dec. 21, 2023 /PRNewswire/ -- Troika Media Group, Inc. (NASDAQ:TRKA) ("TMG"), a consumer engagement and customer acquisition group, today announced financial results for the quarter ended September 30, 2023. TMG is a professional services company that architects and builds enterprise value in consumer brands to generate scalable, performance-driven revenue growth. The Company delivers three solutions pillars: TMG CREATES brands and experiences and CONNECTS consumers through emerging technology products and ecosystems to deliver PERFORMANCE based measurable business outcomes.
NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Troika Media Group, Inc. (NASDAQ:TRKA) ("TMG"), a consumer engagement and customer acquisition group, today announced that on December 7, 2023, TMG received a determination letter ("Determination Letter") from The Nasdaq Stock Market ("Nasdaq") notifying TMG that Nasdaq has determined that, in accordance with its authority under Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1, TMG's securities will be suspended from trading at the opening of business on December 18, 2023 and delisted from Nasdaq. Nasdaq based its determination upon concerns related to (i) TMG's announcement that TMG had filed for protection under Chapter 11 of the United States Bankru
NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Troika Media Group, Inc. (NASDAQ:TRKA) ("Troika" or the "Company"), a consumer engagement and customer acquisition group, has announced that it has entered into a restructuring support agreement with certain funds managed by Blue Torch Finance LLC ("Blue Torch"), the Company's senior secured lenders, pursuant to which Blue Torch would acquire substantially all of the assets of the Company via a stalking horse credit bid. To facilitate the acquisition and the restructuring of the Company's balance sheet, the Company and certain of its affiliates have filed voluntary petitions for relief under chapter 11 in the United States Bankruptcy Court for the Sout
Revenue increased 307% quarter-over-quarter to $15.7 million. Acquisition of Converge Direct which closed on March 22, 2022, contributed $10.0 million to total Company revenue for only a 10-day period until end of Third Quarter. At March 31, 2022, the Company had $42.4 million of cash available on its balance sheet and expects strong revenue growth to continue in FY 2022. Implementation of Company's new integrated group business strategy and operational restructure is underway with new CEO and executive management team to deliver more efficient business operations and resilient revenue growth. Los Angeles, CA, May 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Troika Media Group,
Los Angeles, California, Nov. 09, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Troika Media Group, Inc. (NASDAQ:TRKA) ("TMG" or "Company"), a brand consultancy and marketing innovations company that provides integrated branding and marketing solutions for global brands, today announced that the Company will be hosting an investor conference call and live webcast on Monday, November 15, 2021, at 10:00 am ET to review its first quarter fiscal year 2022 financial results. Conference Call/Webcast Information Investors can access the live webcast via the following link: https://www.webcaster4.com/Webcast/Page/2817/43652 For those planning to participate on the call, please dial
Strategic acquisition broadens capabilities to offer new services and revenue streams for TMG clients Expected to unlock significant future growth potential at Redeeem through integration with TMG's global network of entertainment, sports, gaming, consumer brands and media relationships Expands TMG's media and digital entertainment platform into the global cryptocurrency market Redeeem will bring their crypto payment APIs, mobile payment expertise, non-fungible token ("NFT") ecosystem, and a community of 50,000 members into TMG's expansive network of digital brands Opportunity to increase recurring revenue streams for TMG Los Angeles, CA, May 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaW
NEW YORK, Nov. 14, 2022 /PRNewswire/ -- Troika Media Group, Inc. (NASDAQ:TRKA) ("TMG"), a consumer engagement and customer acquisition solutions group, today announced financial results for its fiscal quarter ended September 30, 2022. TMG is a professional services company that architects and builds enterprise value in consumer brands to generate scalable performance driven revenue growth. The Company delivers three solutions pillars: TMG CREATES brands and experiences and CONNECTS consumers through emerging technology products and ecosystems to deliver PERFORMANCE based measurable business outcomes.
Los Angeles, CA, May 25, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Troika Media Group, Inc. (NASDAQ:TRKA) ("TMG" or "Company"), a transformational business solutions partner delivering brand building and activation, technology and innovation, and performance marketing growth for global businesses, today announced that Erica Naidrich has been appointedChief Financial Officer (CFO), effective immediately. Ms. Naidrich brings financial and business experience to Troika, within public companies in corporate finance, operational management systems and financial reporting. Ms. Naidrich joins the Troika Executive Team to oversee the Company's global finance and enterprise functions and will
International business and technology leader with global expertise in delivering digital transformations and resilient shareholder growth to become Troika's new Chief Executive Officer Los Angeles, CA, May 19, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Troika Media Group, Inc. (NASDAQ:TRKA) ("TMG" or "Company"), a transformational business solutions partner delivering brand building and activation, technology and innovation, and performance marketing growth for global businesses, has today appointed Sid Toama as Chief Executive Officer. Mr. Toama will hold both positions of Chief Executive Officer and President and will continue to serve on the Board of Directors following the integra
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