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An announcement from EQ Inc ( (TSE:EQ) ) is now available.
EQ Inc. reported a 56% growth in its Rewards Division for the third quarter, with overall revenue reaching $2.5 million, marking an improvement from the previous year. The company saw a 38% improvement in adjusted EBITDA and a gross margin increase to 45%, reflecting its strategic focus on recurring, higher-margin revenue. This progress underscores EQ’s commitment to expanding data capabilities and strengthening its market position in data-driven and AI-powered solutions, positioning the company for sustainable growth.
The most recent analyst rating on (TSE:EQ) stock is a Sell with a C$1.00 price target. To see the full list of analyst forecasts on EQ Inc stock, see the TSE:EQ Stock Forecast page.
Spark’s Take on TSE:EQ Stock
According to Spark, TipRanks’ AI Analyst, TSE:EQ is a Underperform.
EQ Inc’s overall stock score is primarily impacted by its poor financial performance, characterized by negative margins and high leverage. Technical analysis suggests a bearish trend, while valuation metrics highlight significant concerns with a negative P/E ratio. These factors collectively result in a low overall score, indicating substantial risks for potential investors.
To see Spark’s full report on TSE:EQ stock, click here.
More about EQ Inc
EQ Inc. is a leader in AI and data-driven software solutions, empowering brands to enhance customer understanding and drive acquisition, loyalty, and engagement. The company focuses on delivering high-quality data solutions that help businesses across various sectors innovate, uncover new revenue opportunities, and make strategic, data-informed decisions.
Average Trading Volume: 15,034
Technical Sentiment Signal: Sell
Current Market Cap: C$66.11M
For detailed information about EQ stock, go to TipRanks’ Stock Analysis page.