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QYOU Increases Revenue Guidance
QYOU Increases Revenue Guidance PR Newswire For Quarter Ending Sept...
About this update from Qyou Media, Inc.
[{"type":"text","content":"\n \n \n \n QYOU Increases Revenue Guidance\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n For Quarter Ending\n \n September 30, 2021\n \n Guidance Revised Upward to\n \n $4.7\n \n -\n \n $4.8 Million\n \n from\n \n $3.1\n \n -\n \n $3.8\n \n Million\n \n \n \n \n MUMBAI\n \n , India and\n \n TORONTO\n \n ,\n \n Sept. 30, 2021\n \n /PRNewswire/ - QYOU Media Inc.\n \n \n (TSXV: QYOU) (OTCQB: QYOUF) has announced that the company is increasing guidance on revenue  upward to\n \n $4.7\n \n -\n \n $4.8 million\n \n from the previously disclosed\n \n $3.1\n \n -\n \n $3.8 million\n \n for the quarter set to close on\n \n September 30, 2021\n \n (Q1 FY 2022). The new guidance is above the top end of levels previously disclosed for the following quarter marking more than a full quarter accelerated increase on revenue guidance. The company reported revenue in the quarter ended\n \n March 31, 2021\n \n of approximately\n \n $300,000\n \n and has provided revenue guidance for the quarter ended\n \n June 30, 2021\n \n of\n \n $2.6\n \n -\n \n $2.7 million\n \n .\n \n \n \n \n \n \n \n \n \n In three successive quarters the revenue of the company has grown from approximately\n \n $300,000\n \n to\n \n $2.6 million\n \n to\n \n $4.7 million\n \n .\n \n \n Revenue growth occurred in all segments of the business and includes consecutive month over month record advertising sales from July through September  on\n \n The Q,\n \n the company's Hindi language youth focused channel now available in over 122 million TV households and to over 676 million OTT and mobile users in India.\n \n \n Highlights of the quarter include:\n \n \n \n The onboarding of over 30 new advertisers on the channel including previously announced brands Unilever, Nestle, P&G, Pepsi and Amazon along with new advertisers Coca Cola and Facebook.\n \n \n Record ratings with an average Gross Rating Point (GRP as measured by BARC \"the Nielsen of\n \n India\n \n \") of 42 for the quarter to date.\n \n \n Closing of the acqui...