CRI Reports Q4 Revenue of $23.92M, Exceeds Expectations
Reports Q4 revenue $23.92M, consensus $23.03M. "After closing out fiscal 2025, a period of significant transformation and accomplishment, CRI is positioned for even stronger days ahead - bolstered by the acquisition of CDM just a few months ago," said Rick Mills, CEO. "We expect fiscal 2026 to be our best year ever and anticipate higher top line growth and expanded margins as we leverage the entire organization to achieve improved financial results. With the integration of CDM on track, we are well on our way to driving even greater economies of scale by providing unique value-added services to a broader customer portfolio across North America. In addition, we have already achieved $6.4 million of annualized enterprise-wide cost synergies and remain on schedule to realize $10 million by the end of the year. This is driven by operating efficiencies, margin enhancement strategies, and the application of CRI's CMS and AdTech platforms. We're extremely excited by the new opportunities now on our doorstep, which we expect to lead to growth acceleration as the year progresses. With the addition of some very accomplished staff - including Chief Financial Officer Tamra Koshewa, Chief Experience Officer Jackie Walker, and Chief Revenue Officer Dan McAllister - to help lead the Company, we're in excellent position to execute our vision of becoming the leader in digital media and, in the process, post higher returns for our shareholders in the quarters to come."
