Monday, August 17, 2020

MissionIRNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Posts Q2 2020 Financial Results

SRAX (NASDAQ: SRAX), a financial technology company, this morning announced financial results for the three months ended June 30, 2020. Among other highlights, SRAX reported total revenue of $1,165,000 for Q2 2020, representing an increase of 232% from Q1 2020. Company management will review the results on a conference call with a live question and answer session today, August 17 at 4:30 PM ET. To access the conference call without the ability to ask questions, dial US +1 (206) 928-9280 using conference ID 6515854. To access the live webcast with the ability to ask questions, register online at http://ibn.fm/cd81X. “The growth we experienced this last quarter and through today has been the fastest growth we have encountered as a public company. For the past six weeks we have closed close to $1M per week in business, mostly driven by our Sequire platform,” SRAX founder and CEO Christopher Miglino stated in the news release. “Public issuers are seeing the benefits of the platform and our data teams are gaining significant insights from that growth. Sequire now has over 1 million investors and traders, a significant portion of which are from the Robinhood platform.”

To view the full press release, visit http://ibn.fm/EqFbE

About SRAX Inc.

SRAX is a digital marketing and consumer data management technology company. SRAX’s technology unlocks data for brands in the CPG, investor relations, and lifestyle verticals. Through its various platforms, SRAX is monetizing its data sets and growing multiple recurring revenue streams. BIGtoken is a consumer-managed data marketplace where people can own and earn from their data. The platform also provides advertisers and media companies access to transparent, verified consumer data to better reach and serve audiences. Sequire is a premier platform for investor intelligence and communication. Through Sequire, public companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information, visit the company’s website at www.SRAX.com.

NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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