Innovid Q3 preliminary revenue $36M beats guidance; appoints new CFO Anthony Callini

Innovid Corp.

2024-Q3 EPS reported -$0.22 revenue$101,265,000

Preliminary Q3 2023 revenue ~$36M, exceeding prior guidance of $33-35M.
Appointed Anthony Callini as CFO, effective Oct 16, 2023; former CFO Tanya Andreev-Kaspin to assist transition for six months.
Callini's compensation: base salary $375K, target annual cash incentive $325K, and equity grants (450K RSUs and 600K stock options).
Andreev-Kaspin's separation: six-month base salary, additional $340K, COBRA for six months, subject to release and confidentiality.
Company to report full Q3 results on Nov 8, 2023.

item 2.02 item 5.02 item 9.01

Executive movements

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Departed

Tanya Andreev-Kaspin

Chief Financial Officer

Innovid Corp.

Effective: 2023-10-16
Successor: Anthony Callini
Filed: October 16, 2023, 7:59 PM ET

Tanya Andreev-Kaspin, who has been with the Company since August 22, 2012, and has served as the Company’s CFO since January 1, 2020, will be leaving Innovid to pursue other opportunities.

Appointed

Anthony Callini

Chief Financial Officer

Innovid Corp.

Effective: 2023-10-16
Filed: October 16, 2023, 7:59 PM ET

On October 16, 2023, Innovid announced the appointment of Anthony Callini as the Company’s new Chief Financial Officer (the “CFO”), effective October 16, 2023.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Innovid Corp. reported quarter ended September 30, 2023 results: revenue approximately $36 million.

Period: quarter ended September 30, 2023
Revenue: approximately $36 million
Result: preliminary results

Exact text from the filing

the Company also reported positive preliminary unaudited third quarter 2023 revenue of approximately $36 million, exceeding the high end of its previously provided revenue guidance of $33 million to $35 million.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tanya Andreev-Kaspin departed as Chief Financial Officer at Innovid Corp..

Action: stepping down
Role: Chief Financial Officer

Exact text from the filing

Tanya Andreev-Kaspin, who has been with the Company since August 22, 2012, and has served as the Company’s CFO since January 1, 2020, will be leaving Innovid to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony Callini was appointed as Chief Financial Officer at Innovid Corp..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On October 16, 2023, Innovid announced the appointment of Anthony Callini as the Company’s new Chief Financial Officer (the “CFO”), effective October 16, 2023.

View on SEC.gov

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Source: SEC EDGAR

accession 0001835378-23-000137

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