NexOptic Technology Corp (TSXV:NXO)
You’ll Never See The World The Same Way Again
Earlier this week, news broke that HBO Max would be coming to Amazon Fire TV six months after the channel’s launch.
Roku recently announced reaching 46M monthly active accounts, up 43% for the year as the pandemic drove streaming demand.
Roku shares are up 1.9% pre-market.
Verizon Media (VZ -0.6%) is unloading The Huffington Post to BuzzFeed as part of a bigger stock deal, the WSJ reports – bringing together two of the bigger names in digital media.
BuzzFeed will give Verizon Media a minority stake through the transaction and draw some cash in return; the deal also allows the companies to syndicate content on each other’s platforms and explore joint advertising opportunities.
BuzzFeed founder/CEO Jonah Peretti will run the combined company, and BuzzFeed will lead a search for a new editor in chief at HuffPost.
The two have been hashing out deal terms for months, according to the report.
Rapid growth at new-media companies has moderated substantially, not only due to the COVID-19 pandemic but also continuing draws of digital ad dollars by the duopoly of Facebook and Google.
i3 Verticals (NASDAQ:IIIV): Q3 Non-GAAP EPS of $0.20 beats by $0.02; GAAP EPS of -$0.06 misses by $0.04.
Revenue of $38.27M (-64.7% Y/Y) beats by $0.23M.
ESCO Technologies (NYSE:ESE): Q4 Non-GAAP EPS of $0.90 beats by $0.14; GAAP EPS of -$0.81 may not be comparable to consensus of $0.76.
Revenue of $208.03M (-2.4% Y/Y) beats by $19.32M.
Ooma (NYSE:OOMA): Q3 Non-GAAP EPS of $0.13 beats by $0.05; GAAP EPS of -$0.02 beats by $0.05.
Revenue of $42.97M (+8.5% Y/Y) beats by $1.66M.