earnings
confidence high
sentiment neutral
materiality 0.60
System1 Q3 revenue $88.8M (+1% YoY); Adj. EBITDA up 27% to $10.3M
System1, Inc.
2024-Q3 EPS reported
-$0.88
revenue$268,330,000
- GAAP net loss widened to $30.6M from $25.9M a year ago.
- All key financial results at or above high-end of Q3 guidance range.
- Owned & Operated products and cost efficiency drove performance.
- CouponFollow organic sessions up >100% YoY; savings extension users doubled.
- MapQuest signed multi-year deal with HERE for backend mapping, reducing costs.