“We believe we are defining a new category called the Security Cloud," the company says in its prospectus.
Helios & Matheson Analytics incorrectly recognized $6.6 million in revenue from MoviePass, bringing its third-quarter loss to $146.7 million.
“We’re seeing the returns on the investments we are making in innovation and driving the shift to more software and subscriptions," CFO Kelly Kramer says.
The e-commerce platform's revenue growth has been slowing since the second quarter of 2016 but its merchants had their biggest-ever holiday season.
“We are seeing the benefits of the strategy we started executing on 10 quarters ago,” CFO Kelly Kramer says.
