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Sep 30, 2023
PSQ Q3 2023 Earnings Report
PublicSquare increased YoY Third Quarter Net Revenue by 16x and launched EveryLife.
Key Takeaways
PublicSquare reported a transformational third quarter with a 16x increase in year-over-year net revenue. The company launched EveryLife, its first wholly-owned subsidiary, and introduced an eCommerce marketplace. They reiterate the expectation of achieving their first profitable quarter in 2024.
Increased YoY Third Quarter Net Revenue by 16x.
Launched EveryLife, the Company’s First Wholly-Owned Subsidiary.
Introduced eCommerce Marketplace on November 1st, 2023.
Reiterates Expectation of First Profitable Quarter in 2024.
Forward Guidance
The company expects elevated eCommerce research and development expenses to continue through the fourth quarter of 2023, then step down and stabilize at a lower rate going forward in 2024.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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