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EQ Inc. Reports Second Quarter Financial Results

EQ Inc. Reports Second Quarter Financial Results

EQ Inc. (TSXV:EQ) Reports 65% QoQ Revenue Growth and Moves Toward ProfitabilityTORONTO, ON / ACCESSWIRE / August 22, 2024 / EQ Inc. (TSXV:EQ) (“EQ Works” or the “Company”), a leader in AI and data-driven software and solutions, today announced its financial results …

65% quarterly revenue growth and on track to profitability

TORONTO, ON / ACCESSWIRE / August 22, 2024 / EQ Inc. (TSXV:EQ) (“EQ Works” or the “Company”), a leader in AI and data-driven software and solutions, today announced financial results for the second quarter ended June 30, 2024.

EQ is pleased to report that revenue for the second quarter increased over 65% from the previous quarter to approximately $2.6 million, as customers continued to seek ways to optimize their investments in AI, data and media solutions. EQ’s focus on AI and data-driven insights is a significant differentiator in the market and continues to attract interest from companies across multiple verticals. The need for unique, user-opted, real-time data is a core part of EQ’s value proposition and is critical for any company looking to integrate AI solutions into their business. EQ’s product suite and its proprietary data assets position it very well to capitalize on this market.

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