Barrington's James Goss published a new report on Cogint (ticker: COGT) this week reiterating his "Outperform" and discussing recent developments. Key excerpt:
Interactive Data Intelligence is the key growth element: The idiCORE business is designed to fuse disparate data sources to quickly and accurately produce a more accurate characterization of target customers. Rapid changes in technology and delivery systems including cloud computing, storage and delivery capabilities is key to evolving this offering.
The inherent LEVERAGE POTENTIAL from purchase of certain sensitive and highly valuable data available from a limited number of providers and reuse of this data multiple times at little or no additional cost offers the potential for RAPIDLY ACCELERATING REVENUES and SIGNIFICANT MARGIN EXPANSION from NOMINAL currently to VERY HIGH within a handful of years.
Fluent and Q Interactive now contribute the vast majority of companywide revenues, but we expect this will CHANGE DRAMATICALLY as idiCORE becomes established.More on Cogint HERE.
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