QuoteMedia Reports 14.6% Revenue Growth to $5.53M in Q1, Net Loss Widens
QMCI sits 45% above its 52-week low of $0.121 on light trading volume (0.3× avg).
Summary
QuoteMedia Inc reported its first-quarter 2026 financial results, showing a 14.6% year-over-year increase in revenue to $5.53 million, driven by growth in subscription revenue, enterprise deployments, and data feed services. Despite the revenue growth, the company's net loss widened by 24.2% year-over-year to ($620.61K), with diluted loss per share remaining at ($0.01). For a small-cap company, these mixed results are material; while revenue expansion is positive, the increasing net loss raises concerns about profitability and operational efficiency. Traders will be watching for future quarters to see if the company can leverage its revenue growth into improved bottom-line performance and a clear path to profitability.
At the time of this announcement, QMCI was trading at $0.18 on OTC in the Technology sector, with a market capitalization of approximately $15.9M. The 52-week trading range was $0.12 to $0.21. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.