Social Reality, Inc. (OTCQB: SCRI), an Internet advertising and platform technology company that provides tools to automate and maximize the digital advertising market, announced its financial results for the fourth quarter and full year 2015. Revenue for the quarter ended December 31, 2015 was $8,121,070, an increase of 124% over the fourth quarter of 2014. Revenue for the full year 2015 was $30,294,165, an increase of 492% compared to $5,120,343 for the full year of 2014.
“We ended 2015 achieving several important milestones that has made us even more competitive in the massive $200 billion digital advertising market. During the quarter we surpassed our year end target revenue guidance of $30 million, significantly improved our operational performance, and demonstrated fantastic progress with our SRAX MD platform,” said Christopher Miglino, Social Reality’s CEO and Chairman. “We remain committed to providing the most effective tools for brand advertisers to maximize their media planning, buying and measurement through our suite of proprietary products. Our focus for 2016 will be on the development and execution of our specialty platforms directed at specific verticals to further differentiate Social Reality’s services and to generate value for our new and existing brand advertising clients as well as our stockholders.”
Conference call information:
Date: Tuesday, March 22, 2016
Time: 4:15 P.M. Eastern Time (ET)
Dial in Number for U.S. & Canadian Callers: (877) 407-8293
Dial in Number for International Callers (Outside of the U.S. & Canada): (201) 689-8349
Participating on the call will be Social Reality’s Chief Executive Officer Christopher Miglino who will be providing a financial and operational summary of the fourth quarter and year ended December 31, 2015. To join the live conference call, please dial into the above referenced telephone numbers five to ten minutes prior to the scheduled conference call time.