Productivity is up 5% due to an increase in revenue in the first quarter of 2022

Productivity Network, which provides digital advertising solutions that synchronize between search platforms, social networks, content sites and smart TVs, today released preliminary results for the first quarter of the year. The company’s revenues are expected to amount to approximately $ 125 million, reflecting a growth of approximately 39% compared to the corresponding quarter.

Adjusted EBITDA in the first quarter is expected to jump by about 150% compared to the corresponding quarter and amount to about $ 22 million. While the adjusted EBITDA rate from total revenues less media costs is expected to increase to approximately 42%, compared with 25% in the corresponding quarter.