Good XXXX you joining afternoon, on us Call. First Quarter and for thank Quotient's Earnings
and me call Joining today's Yuneeb our Khan. COO, is on CFO
Our margin, including and flow. in EBITDA were guidance operating all gross revenue, results first ranges line metrics, adjusted across cash given quarter with
particular, the momentum in the quarter demonstrated prior In million on a EBITDA we loss I'm positive period. with in year of of million pleased strong adjusted $X profitability versus first with comparable $X.X the
quarter solution agency stages to from our First have are designed transformation technology-based shifted retailers. of model results as provide to early business a greater to services the managed a reflective we and value of our being brands
superior in quotient transition, model. This is profile to relative as have scale we deliver intended to a our margin quarters, communicated legacy prior and
top stronger. line, promotions network with the continued deliver On performance becoming growth to our
XX% again, year-over-year and to promotions by ability market. share to our savings addressable is our network strengthen deliver of the XX%. We retail of network fundamentals QX, NielsenIQ, we on as reported up by sales growth XX%, capture and In activators grow saw and our underlying and platform up saw our X.X% overall outpacing redemption with demonstrating continue our expand
content with key audience, our of in more onto new reach the for view, brands. engaging and grow and cycle savings we the consumers positive results our each platform brands, This, results. performance as new creating internal bringing we for the delivering that is believe We driving momentum these of virtuous a and metrics deliver network demonstrate our new
consumers. begin pressure as on are our headwinds the price last to these seeing year creating our sensitivity indicators and Looking volume line as price we perspective, our reflected the QX, forward, begin we underlies show for the rest strength top of where guidance of their for are year internal in increases to is macro From lap face outlook we for a brands from growth.
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the adult we expanded also During our the category. network include quarter, coverage to of beverage
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media our Turning to business.
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into of our provides market ability of and operational ability internal to utilization strength share an a the our view is ultimately, convert revenue. to billings that capture our addressable platform, on the that metric Gross
growth in long-term drivers ago, core same demonstrating believe the to of we Turning We as Digital saw as gross well Quotient. year the over our for showing potential billings strength for double one Out-of-Home. our period a the of QX product is what our XXXX
store. eMarketer. driven by grow the Out-of-Home through according expected Digital X the market to physical growth the secondarily, is first, trends: placements out-of-home traditional to of The the is digitization XXXX digitization This at XX% of and
digital retailers store. larger for which or retail audiences, XX% access than are are physical their CPG transactions X.Xx audiences made over around of of the With screens, are XXX,XXX store. In-store XXX,XXX to in in over still and
Our to Digital in quickly becoming, on screens are is Out-of-Home side product offer they they digital wherever our reach wherever the that We shop. demand advertisers and view, digital consumers industry-recognized an product. enables in-store platform programmatically
is purchase. unique out-of-home path consumers brands platform the for to advertising that during self-service reach opportunities location-based their Quotient's the move to of enables designed on
Digiday our business planning and XXXX to testament a Out-of-Home Digital awards. buying our As capabilities, media nominations received for
finalist and named clothing best campaign for the out-of-home the categories retailer best digital media campaign category, campaign as snacking recognized with multichannel experience our were in USA, a successful our summer best digital the as We H&M Mondelez. well which with the campaign
using mobile campaign the touch taking including an This out-of-home strategy and omnichannel multiple recognized across social, cohesive channels, of power multiple to consumers digital deliver a display points. for was message to
all media performance speak is retail innovation In from retail is initial while and initial we the CPG the campaign received ad These the were what shared network. to network This supporting retail buying on for retail quarter, businesses. points media. our results of the we results expectations delivering well solving CPG simplifying Turning ad our to promise key pilot pain with of partners. of believe
Looking to our future.
line goal return a mid-teens in our call, business low targets a rate, XX% briefly trajectory, our mentioned we the of to last plus to achieving have on gross years, current coming I the we have XX% believe, to margins growth EBITDA on XXXX. margin. As plus these We and a to based by sight
achieve expect as our our Digital families, rate steady up our Out-of-Home we promotions family line, growth organic On other the strategic through this and and Shopmium. such top to within growth initiatives product scaling product growth in
programmatic players On our that the the we we support well smaller can new as and adjacent occasions brands, purchase as platform, content capabilities easily promotion consumer believe side, new regional with categories. new for more of
Out-of-Home are some we growing experiencing product Out-of-Home seek capitalize our of expanding in on to Digital a to I moment Digital reach and TAM offerings ago. spoke Within of a we the Shopmium, in areas. are these tailwinds we as product the
continue direct-to-consumer be States, with engagement the launch For versus reads we on in on XXXX about QX And the the app Shopmium, in given the the monetization we user Shopmium our XX% levels year. excited United Shopmium success to app. continue by build European prior of growing early content the our in to of opportunities
margin profitability and margin leveraging the upon view, a the targets side, in gross base. initiatives EBITDA operating to to in will provided, revenue higher-margin reduce our On work dependent XXXX has XX% we Achieving cost the on XX% be cost a growth our and a these fixed XXXX. by path did our structure
from business Out-of-Home, to net expectations, our and gross are QX promotions across In the indicators our the our the through shoots brands DSP. leading conclusion, within the showing internal strengthening Digital our while green billings network results new XX increased of were
technology of work continue our transitioning is financial fundamentals and hard to The strengthen. a to progressing provider
We focused on expanding while organic simultaneously driving are margins. growth
I review will that, call guidance. the now to With and over Yuneeb financials turn to
