Cision reported a $19.1M Q2 net loss, down from $21M a year ago, during its first quarter as a public company. Revenue soared 73 percent to $157.1M.
CEO Kevin Akeroyd called improved organic revenue growth and continued margin expansion as reasons Cision “delivered another solid quarter.”
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Cision CEO Kevin AkeroydThe Chicago-based company averaged 36,100 subscribers during the quarter with each kicking in annual revenue of $10,300.
There were 33,200 transactional customers who each spent $1,560.
Cision recorded $303M in first-half revenues and a loss of $41.1M.
Akeroyd forecasts full-year revenue between $636M and $640M.
Cision’s shares are trading at $10.78.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
