VerticalScope Holdings, Inc. (TSE:FORA) has released an update.
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VerticalScope Holdings, Inc. reported a significant rise in financial results for Q3 2024, with revenue climbing 15% to $17.8 million and monthly active users increasing by 21% to a record 122 million. The company’s digital advertising revenue was a key driver of this growth, supported by new partnerships and the rising demand for authentic perspectives on its platform. Additionally, VerticalScope improved its financial position by reducing debt and purchasing shares, paving the way for future growth opportunities.
For further insights into TSE:FORA stock, check out TipRanks’ Stock Analysis page.