Cannabis-Focused Software Co. SpringBig Narrows Q2 Net Loss, Reports 8.3% YoY Drop In Revenue
SpringBig Holdings, Inc. (OTCQX: SBIG) a of SaaS-based marketing solutions, consumer mobile app experiences, and omnichannel loyalty programs, announced on Tuesday its financial results for the second quarter ended June 30, 2024. Revenue for the period totaled $6.6 million, down from $7.2 million in the prior year quarter and up from the previous period. Jeffrey Harris, the company's CEO and chairman said "we are pleased to report 2% quarter-over-quarter revenue growth in challenging macroeconomic conditions."
