Business
Super League Announces Third Quarter 2023 Financial Results
Q3 2023 Highlighted by: Record Revenue Growth, New Roblox Partnership to Boost Marketing Strategy, and the Largest Deal in Company History SANTA MONICA,
About this update from Super League Enterprise, Inc.
[{"type":"text","content":"Q3 2023 Highlighted by: Record Revenue Growth, New Roblox Partnership to Boost Marketing Strategy, and the Largest Deal in Company History\nSANTA MONICA, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Super League (Nasdaq: SLE), a global leader in providing immersive experiences across the world's largest digital social platforms, has released its third quarter 2023 financial results in the form of a shareholder letter. A webinar hosted by Ann Hand, CEO of Super League, and Clayton Haynes, CFO of Super League, will be streamed here beginning today Tuesday, November 14, 2023 at 5:00 PM Eastern Time to further discuss the results. Management Commentary by Chief Executive Officer, Ann Hand: “In the third quarter, we continued to validate the success of our business model and operational strategy, delivering record quarterly company revenues of $7.2 million, an increase of 60% year-over-year. Our partnership with Roblox Partner Programs has supercharged our brand into the digital social platform world which reaches over half a billion people while further solidifying Super League as strategists, innovators and product builders to connect brands to the next generation through immersive experiences and media. This augmented reach combined with our end-to-end solution is proving that we can take an increasingly greater share of advertisers’ wallets with our customers continuously coming back to work with us. Furthermore, as one of the most impactful examples that our business model is working, we recently landed the largest deal in our history, valued at nearly $4 million across multiple quarters. Looking ahead to Q4, and on the heels of our largest deal ever, we already have line of sight on at least $9 million in revenues at the midpoint of the quarter. We remain confident in our operating strategy and the lucrative long-term opportunity in the space which is visible in our robust pipeline as we keep an eye towards achieving profitability in 2024.” The webinar may also be accessed by dialing 877-407-0779 or 201-389-0914 (International). A replay of the webinar will be available on Super League’s investor relations website and can also be accessed here. For any questions related to the Company’s third quarter 2023 financial results or shareholder letter, please contact [email protected]. About Super League Super League (Nasdaq: SLE) is a lead...