FiscalNote Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 11:06 am
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FiscalNote Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 34.01 million compared to USD 29.07 million a year ago. Net loss was USD 14.47 million compared to USD 109 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 1.39 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 1.63 a year ago.
For the nine months, revenue was USD 98.38 million compared to USD 82.32 million a year ago. Net loss was USD 64.71 million compared to USD 175.71 million a year ago. Basic loss per share from continuing operations was USD 0.49 compared to USD 4.52 a year ago. Diluted loss per share from continuing operations was USD 0.49 compared to USD 5.03 a year ago.
FiscalNote Holdings, Inc. is a technology provider of global policy and market intelligence. By combining artificial intelligence (AI), and other technologies with analytics, workflow tools, and expert peer insights, the Company enables customers to manage policy change, address regulatory developments, and mitigate global risk. The Company delivers that intelligence through its suite of public policy and issue management products, including the FiscalNote core product, CQ Federal, EU Issue Tracker and Curate. In addition, it offers its customers expert and customized analysis through its geopolitical and market intelligence businesses, including FrontierView, a market intelligence advisory firm for global business professionals, Oxford Analytica, which provides strategic geopolitical intelligence analysis of world events, and Dragonfly Eye, a geopolitical and security intelligence service. Its FiscalNote portfolio also includes advocacy and constituent management services.