ARHT Media Announces Record Q3 2022 Results: Achieves Over 90% Quarterly Revenue Growth

ARHT Media Announces Record Q3 2022 Results: Achieves Over 90% Quarterly Revenue Growth

ARHT Media Inc., the global leader in the development, production and distribution of high-quality, low latency hologram and 3D interactive content, announced its financial results for the third quarter ended September 30, 2022. These included record Q3 2022 revenues of $2.02M vs $1.05M in Q3 2021, an increase of 92%, with significant momentum continuing into Q4 2022. The company has signed agreements valued at $1.3M since introducing its new CAPSULE Display in late May 2022. ARHT CEO Larry O’Reilly stated that he was very pleased that the company continued to experience significant growth in 2022 and that this trend is expected to accelerate into 2023 and beyond. The company added 11 new significant global accounts while demonstrating the repeatability of their revenues with 73% event sales coming from existing clients. The new CAPSULE Display, launched in late May, has been extremely well received for both purchase and rental, with 13 clients in all regions of the world purchasing units in Q3.

Read the full press release here: ARHT Media Announces Record Q3 2022 Results: Achieves Over 90% Quarterly Revenue Growth

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