EQ Works Archives - eResearch

VIDEO: Chris Thompson of eResearch talks about EQ’s Q3 Financial Results and Recently Launched Retail Insights Product

December 10, 2022 Chris Thompson

In this short video, Chris Thompson of eResearch talks about EQ’s Q3 financial results and recently launched retail insights product. The 13-page Equity Research Report covers an in-depth analysis of the company, a detailed overview of its Q3/2022 financial results, and a review of its new retail insights product called “Clearlake” which was launched in beta with clients. [more]

UPDATE REPORT – EQ Inc. – Challenging Quarter Overshadows Recently Launched Retail Insights Product

December 5, 2022 Chris Thompson

EQ released its Q3/2022 financials and reported revenue of $2.1 million, down from $3.1 million in Q3/2021, and lower than our estimate of $3.5 million. The decline was primarily due to clients delaying certain advertising campaigns into 2023. However, it continued to roll out its retail data insights tool to customers which we believe should positively impact revenue, Gross Margins, and EBITDA in 2023. [more]

NEW UPDATE REPORT – EQ – Strongest Q1 in a Decade with Revenue Up 55% Y/Y Sets the Stage for Continued Revenue Growth in 2022

June 23, 2022 Chris Thompson

EQ recorded its highest Q1 revenue since 2012, with $2.7 million booked in Q1/2022, up 55% Y/Y, but slightly below our estimate of $3.0 million. Revenue dropped Q/Q due to seasonality as Q1 is traditionally the lowest revenue quarter of the year. Data business continued to grow and was 22% higher Y/Y. [more]

NEW UPDATE REPORT – EQ Quarterly Results Highest in Over a Decade with Revenue Up 36% Q/Q

May 9, 2022 Chris Thompson

EQ recorded its highest quarterly revenue since 2010, with $4.2 million booked in Q4/2021, up 36% Q/Q and 16% Y/Y, but below our estimate of $5.0 million due to the negative effects caused by the COVID-19 pandemic, which continued to impact the retail operations of various businesses. [more]

InvestorIntel Video – Tracy Weslosky Interviews Chris Thompson about eResearch’s Update Report on EQ Works

October 12, 2021 Chris Thompson

In this short video, Tracy Weslosky of InvestorIntel interviews Chris Thompson of eResearch about eResearch’s Update Report on EQ Works pertaining to the Company’s recent release of its Q2/2021 financial results that had revenue increases 71% Q/Q and 74% Y/Y. [more]

EQ – Quarterly Results Improve as Revenue Increases 71% Q/Q and 74% Y/Y

September 22, 2021 Chris Thompson

Although, EQ reported that its revenue continued to be negatively impacted by the COVID-19 pandemic, revenue for Q2/2021, was $3.0 million, an increase of 74% when compared to $1.7 million in the same quarter a year ago, and slightly higher than our estimate of $2.98 million. [more]

EQ Works – Data Revenue Increases 12% Year-over-Year as EQ Forecasts 60% Revenue Growth Next Quarter as Retail Reopens

June 21, 2021 Chris Thompson

14-page Update Equity Research Reports on EQ’s Q1/2021 financial results. EQ’s data solutions revenue, recently its fastest-growing segment, increased 12% year-over-year to $0.48 million in Q1/2021. Due to seasonality & COVID-19 impacts, overall revenue for Q1/2021 was $1.75 million, down from $2.20 million in Q1/2020 but slightly higher than our estimate of $1.70 million. [more]

InvestorIntel Video – Tracy Weslosky Interviews Chris Thompson about eResearch’s Update Report on EQ Works

May 28, 2021 Chris Thompson

In this short video, Tracy Weslosky of InvestorIntel interviews Chris Thompson of eResearch about eResearch’s Update Report on EQ Works pertaining to the Company’s recent release of its Q4/2020 and Annual financial statements that had data revenue up 95% annually. [more]

EQ Works – Data Revenue Surges 95% Annually as Overall Revenue Up 16% Q/Q as Advertisers Return to Market

April 19, 2021 Chris Thompson

13-page Update Equity Research Reports on EQ’s Q4/2020 and 2020 Annual results. Data solutions revenue increased 95% annually to $2.55 million in 2020 and now accounts for 24% of the overall yearly revenue. In January, the Company reported more than $4 million in new commitments for data-driven marketing projects. Overall annual revenue increased 16% to $10.4 million. [more]

EQ Works – Data Revenue Surges by 81% in Quarter as Advertising Revenue Recovers from COVID-19 Hit

November 26, 2020 Chris Thompson

Advertising revenue recovered in the quarter as many customers renewed previously paused campaigns and started to spend on new campaigns. Q3/2020 revenue increased 15% year-over-year. Even during the current health crisis, EQ added 33 new clients so far in 2020. [more]