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Quotemedia Inc
11/10/2021
Good day, everyone, and welcome to Quote Media Q3 results. At this time, all participants are in a listen-only mode. Later, you will have an opportunity to ask questions during the question-and-answer session. You may register to ask a question at any time by pressing the star and 1 on your touch-tone phone. I will be standing by should you need any assistance. Please note, this call may be recorded. It is now my pleasure to introduce my friend, Robyn Hopkins. Please go ahead.
Thank you, Emma. Thanks for joining us today. We have a brief safe harbor, and we'll get started. Except for historical information contained herein, statements in this conference call are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause our actual results in future periods to differ materially from our forecasted results. With that said, I would like to turn the call over to Dave Schwartz, CEO of Quote Media.
Thank you, Brendan. Welcome everybody and thanks for joining the call. We're pleased to announce that we've achieved a 22% increase in revenue in Q3 over Q3 of last year. Everything's going really well and we're on track with continued release of our new products and data sets and our existing clients as well as potential new clients are very keen to have access to all of our new products that Quote Media is producing. I'm incredibly happy that we're seeing many more large firms coming to Quote Media for our products and services. Many are looking to move away from the much larger incumbents in the industry, and we're eager to be their market data and research provider. The trend in the industry is certainly following the pattern of clients wanting more modern products, broader data offering for their user base, as well as decreasing their costs from their ballooned 20-year-old contracts with some of our competitors. All of these goals are readily met when they come and meet with Quote Media. And we're projecting continued growth as the year wraps up, and we're certainly on track to win some of these larger deals that are coming our way. And look forward to answering some of your questions. So I'm going to get Keith Randall now to go through some of our numbers, and then we'll go through some questions. Go ahead, Keith, take over.
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