Articles from Ibotta

DENVER, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Ibotta (NYSE: IBTA), which operates the largest digital promotions network in North America, announced today that company executives will participate in the following investor events:

Grew revenue by 16% year-over-year to $98.6 million and non-GAAP revenue by 19%

In celebration of its fifth annual Free Thanksgiving, Ibotta will help provide 1 million meals* to Feeding America®

DENVER, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Ibotta (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that it will report third quarter 2024 financial results after the market closes on Wednesday, November 13, 2024. Management will host a conference call and webcast to discuss Ibotta’s financial results, recent developments, and business outlook at 2:30 p.m. MT/4:30 p.m. ET following the release of the financial results.

DENVER, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), the leading technology company providing digital promotions and performance marketing solutions, today released its second annual State of Spend report providing a comprehensive look at spending trends among U.S. consumers and consumer packaged goods (CPG) marketers alike. According to the study, 72% of shoppers say the economy has directly impacted their grocery spending habits, with a majority trading down to lower-priced alternatives in the face of rising grocery costs. In turn, marketers are placing greater emphasis on customer acquisition and long-term brand building to differentiate as private label competition grows.

DENVER, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), the leading technology company providing digital promotions and performance marketing solutions, announced today that company executives will participate in the following investor events:

DENVER, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), the leading technology company providing digital promotions and performance marketing solutions, announced today that its Board of Directors has approved a share repurchase program, with authorization to purchase up to an aggregate of $100 million of the Company’s Class A common stock (the “Share Repurchase Program”). The Share Repurchase Program has no expiration date. Repurchases under the Share Repurchase Program may be made from time to time through open market repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements, and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of shares of its Class A common stock under this authorization. The Company is not obligated under the Share Repurchase Program to acquire any particular amount of Class A common stock, and the Company may terminate or suspend the Share Repurchase Program at any time. The timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.

Ibotta Performance Network Recognized for Best Performance Marketing Innovation

DENVER, Aug. 14, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline August 13, 2024 by Ibotta (NYSE: IBTA) please note that in the Condensed Statements of Cash Flows table, a Proceeds from initial public offering, net row has been added. Everything else remains the same. The corrected release follows.

Grew revenue by 14% year-over-year to $87.9 million and non-GAAP revenue by 29%

New Strategic Partnership Expands The Scale of Ibotta’s Network

DENVER, July 16, 2024 (GLOBE NEWSWIRE) -- Ibotta (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that it will report second quarter 2024 financial results after the market close on Tuesday, August 13, 2024. Management will host a conference call and webcast to discuss Ibotta’s financial results, recent developments and business outlook at 2:30 p.m. MT/4:30 p.m. ET following the release of the financial results.

Grew revenue by 43% year-over-year to $82.3 million and non-GAAP revenue by 46%

Ibotta to make thousands of new product offers available to customers of one of the largest privately held supermarket chains in the US

DENVER, May 07, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today two recent appointments: as previously disclosed, Stephen Bailey, CEO and co-founder of ExecOnline, joined Ibotta’s Board of Directors when Ibotta completed its IPO, and Shalin Patel has joined to lead Investor Relations.

DENVER, May 02, 2024 (GLOBE NEWSWIRE) -- Ibotta (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that it will report first quarter 2024 financial results after the market close on Thursday, May 30, 2024. Management will host a conference call and webcast to discuss Ibotta’s financial results, recent developments and business outlook at 2:30 p.m. MT/4:30 p.m. ET following the release of the financial results.

DENVER, April 25, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today that in connection with its previously announced initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which were sold by Ibotta and 4,060,700 of which were sold by certain selling stockholders, the underwriters have exercised in full their option to purchase from the selling stockholders an additional 984,105 shares of Class A common stock at the initial public offering price of $88.00 per share, less underwriting discounts and commissions. Ibotta did not receive any proceeds from the sale of the shares by the selling stockholders. The offering closed on April 25, 2024.

DENVER, April 17, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, announced today the pricing of its initial public offering of 6,560,700 shares of its Class A common stock, 2,500,000 of which are being sold by Ibotta and 4,060,700 of which are being sold by certain selling stockholders, at a public offering price of $88.00 per share. In connection with the offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 984,105 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions. Ibotta will not receive any proceeds from the sale of the shares by the selling stockholders.

DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- Ibotta, Inc., a leading technology company providing digital promotions and performance marketing solutions, announced today that it has launched the roadshow for its proposed initial public offering of 5,625,000 shares of its Class A common stock, 2,500,000 shares of which are being sold by Ibotta and 3,125,000 shares of which are being sold by existing stockholders. Ibotta will not receive any proceeds from the sale of shares by the selling stockholders.

DENVER, March 22, 2024 (GLOBE NEWSWIRE) -- Ibotta, a leading technology company providing digital promotions and performance marketing solutions, announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Ibotta intends to list its Class A common stock on the New York Stock Exchange under the symbol "IBTA."

In-person experiences and augmented reality “Make It Rain” real cash for consumers

DENVER, Feb. 19, 2024 (GLOBE NEWSWIRE) -- Ibotta, a leading technology company providing digital promotions and performance marketing solutions, has hired seasoned legal, compliance, and strategy leader David Shapiro as the company’s first Chief Legal Officer. Shapiro will join Ibotta’s Senior Leadership Team and oversee all legal, risk management, and corporate governance activities.

DENVER, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Ibotta, a leading performance marketing network, today announced it will partner with AppCard, the leading personalized marketing and shopper analytics solution for independent grocers, to deliver and offer content at scale to independents across the nation through the Ibotta Performance Network (IPN). Offers such as digital coupons will now be available to an additional 25 million shoppers and 2,000 stores across 375 AppCard independent grocers on the Ibotta Performance Network.

Cash back rewards platform adds new ways to celebrate the season and save, relieving pressure from budget-conscious shoppers

DENVER, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Ibotta, a leading performance marketing platform and cash back rewards provider, today announced it will become the official jersey patch partner of the reigning NBA champion Denver Nuggets. As a prelude to the jersey patch, the partnership was teased with digital marketing and a first-of-its-kind preseason patch, where Ibotta gold coins appeared on Nuggets jerseys and as rotating digital coins on in-arena digital displays.