“Our operating results for the second quarter reflect dramatically improved business conditions throughout the quarter, with month-over-month advertising spend improvements beginning in May and continuing into the third quarter. Advertisers continue to recognize the value of our programmatic solutions, specifically ROI that continues to exceed industry expectations. Despite a drop in campaign activity in March and April, we posted another quarter of significant improvement in EBITDA and our overall financial position. We expect the monthly advertising spend improvements to continue into the third quarter of 2020, contributing to another quarter of sequential Adjusted EBITDA growth.”
Tal Hayek, Co-Founder and CEO, AcuityAds Inc.