Weyland Tech Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2019
January 27, 2020 at 01:31 pm
Share
Weyland Tech Inc. provided earnings guidance for the fourth quarter and full year ending December 31, 2019. For the quarter, the company expects to report record revenue of approximately $10 million, representing an increase of 85% from the same year-ago quarter and up 11% sequentially.
For the full year 2019, the company expects to report record revenue of approximately $34.6 million, increasing 53% over 2018. The company ended the year at an estimated $48.6 million annualized run-rate.
Logiq, Inc. is a provider of e-commerce and digital customer acquisition solutions. The Company provides a data-driven, end-to-end marketing solution. The Company operates through two segments: AppLogiq and DataLogiq. The Company offers solutions that help small-to-medium-sized businesses (SMBs), agencies, and enterprises to provide access to and reduce transaction friction in e-commerce for their clients. Its data-driven, artificial intelligence (AI)-powered solutions allow brands and agencies to advertise across digital and connected TV publishers. Its solutions are provided through the DataLogiq business, a digital marketing analytics business unit that offers data management, audience targeting and other digital marketing services that improve SMBs discovery and branding within the e-commerce landscape. The Company, through its DataLogiq platform, offers online marketing solutions on a performance marketing and self-service, software-as-a-service (SaaS) basis.
LOGIQ, INC. 
