Latest news with #INUV
Yahoo
4 days ago
- Business
- Yahoo
EXCLUSIVE: AdTech-Focused Inuvo Reports Smaller Loss As Sales Jump 25%
Inuvo Inc. (NYSE:INUV) reported Thursday a second-quarter loss of 10 cents, compared to 12 cents a year ago, which is in line with the consensus estimates. Net loss for the quarter was $1.5 million compared to a net loss of $1.7 million. The artificial intelligence AdTech solutions provider reported sales of $22.67 million, which was below the consensus estimate of $23.73 million. Revenues jumped 25% year over year. Revenue from the company's two largest Platform clients and two largest Agencies & Brands clients grew more earnings on INUV Cost of revenue was $5.6 million, up from $2.9 million in the second quarter of 2024, related to higher Platform revenue. Gross profit increased 12% to $17.1 million, representing a gross margin of 75.4%, compared to $15.3 million and a gross margin of 84.0% a year ago. The lower gross margin year-over-year was primarily due to a change in product mix. Operating expenses were $19.1 million compared to $17.0 million. Adjusted EBITDA improved to a loss of $0.6 million from a loss of $0.7 million in the year-ago period. Price Action: INUV stock closed 0.76% lower at $5.25 on Thursday. Read Next:Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article EXCLUSIVE: AdTech-Focused Inuvo Reports Smaller Loss As Sales Jump 25% originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
10-05-2025
- Business
- Yahoo
Inuvo price target raised to $1 from 85c at Alliance Global Partners
Alliance Global Partners analyst Brian Kinstlinger raised the firm's price target on Inuvo (INUV) to $1 from 85c and keeps a Buy rating on the shares following the Q1 report. The firm cites strengthening demand trends for the target increase. Inuvo's large customers in automotive and retail have been growth catalysts and management said that since tariffs have been implemented, there has not been an impact on demand, which is encouraging, the analyst tells investors in a research note. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on INUV: Disclaimer & DisclosureReport an Issue Inuvo reports Q1 EPS (1c) vs. (2c) last year INUV Upcoming Earnings Report: What to Expect? Inuvo's Strong Financial Performance and Strategic Advancements Lead to Buy Rating and Increased Price Target Beam, Unity, Checkpoint, Inuvo, Ocular: Trending by Analysts Inuvo initiated with a Buy at H.C. Wainwright Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-02-2025
- Business
- Yahoo
Inuvo Inc (INUV) Q4 2024 Earnings Call Highlights: Record Revenue Growth and Positive Financial ...
Revenue: $26.2 million in Q4 2024, a 26% increase year-over-year. Annual Revenue: Approximately $84 million for the fiscal year 2024, a 13.4% increase. Gross Profit: $21.8 million in Q4 2024, a 20% increase from the previous year. Gross Margin: 83.1% in Q4 2024, down from 87.3% in the previous year. Net Income: $141,000 in Q4 2024, compared to a net loss of $2.4 million in Q4 2023. Adjusted EBITDA: $1.2 million in Q4 2024, an improvement of $2.4 million from the previous year. Cash and Cash Equivalents: $2.5 million as of December 31, 2024. Operating Expenses: $21.5 million in Q4 2024, up from $20.6 million in Q4 2023. Net Cash Provided by Operating Activities: $230,000 for the full year 2024, a $2.8 million improvement over 2023. Employment: 81 employees at the end of Q4 2024, down from 93 at the end of 2023. Warning! GuruFocus has detected 4 Warning Signs with INUV. Release Date: February 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Inuvo Inc (INUV) achieved a record-breaking fourth quarter with a 26% year-over-year revenue growth, reaching $26.2 million. The company delivered positive net income and adjusted EBITDA in Q4 2024, indicating improved financial health. Inuvo Inc (INUV) successfully onboarded 33 new brands in 2024, enhancing its client base and market reach. The IntentKey self-serve platform, a significant technological advancement, offers high margins and democratizes advertising by simplifying audience targeting. The company reported a 60% year-over-year increase in ad clicks for platform clients, showcasing strong engagement and demand. Gross margin declined to 83.1% in Q4 2024 from 87.3% the previous year, partly due to a new campaign with a platform client. Operating expenses increased to $21.5 million in Q4 2024, up from $20.6 million in the same period last year. The cost of revenue rose to $4.4 million, primarily due to higher media payments for agencies and brands. Net interest expense was approximately $103,000 in Q4 2024, compared to a net interest income of $8,000 last year, due to higher borrowing. The company anticipates a small decline in gross margin in 2025 due to increasing revenue from a platform client. Q: Can you discuss the progress for both the large retailer and car manufacturer you mentioned in recent earnings calls? Have they contributed significantly in Q4, and what are the expectations for 2025? A: Yes, both clients showed growth in Q4. The automotive client was up year-over-year, and the retailer was new in 2024. We expect both to continue growing in 2025. (Richard Howe, CEO) Q: Are you attracting more brands, and how is business development progressing outside of these major clients? A: We signed 33 new brands in 2024, and we've professionalized our go-to-market strategy, which positions us well for scaling. There's a strong pipeline, and we're optimistic about continued growth. (Richard Howe, CEO) Q: How do you feel entering 2025 compared to 2024 in terms of confidence and visibility? A: I feel optimistic due to our technological advancements and the $100 million revenue mark, which helps overcome cost inertia. We are confident in our ability to grow and surpass previous ceilings. (Richard Howe, CEO) Q: Can you elaborate on the sales cycle for platform and agency/brand clients? A: For agencies and brands, the sales cycle is typically six to nine months, driven by relationship-building. For platforms, it's more about scalability and technological capability, with strong demand already present. (Richard Howe, CEO) Q: What is the margin profile for the IntentKey self-serve platform, and how does it compare to managed services? A: The self-serve platform has a margin north of 90%, as it leverages existing AI infrastructure with minimal additional costs. It's designed to be flexible across various campaign systems and media channels. (Richard Howe, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
19-02-2025
- Business
- Yahoo
Inuvo to Host Fourth Quarter and Year End 2024 Financial Results Conference Call on Thursday, February 27th at 4:15 P.M. EST
LITTLE ROCK, Ark., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of intelligent advertising technology, will host a conference call on Thursday, February 27, 2025, at 4:15 PM Eastern Standard Time to discuss its financial results and provide a business update for the fourth quarter and year-end 2024. Conference Call Details: Date: Thursday, February 27, 2025Time: 4:15 p.m. Eastern Standard Time Toll-free Dial-in Number: 1-800-717-1738International Dial-in Number: 1-646-307-1865Conference ID: 11158080Webcast Link: HERE A telephone replay will be available through Thursday, March 13, 2025. To access the replay, please dial 1- 844-512-2921 (domestic) or 1-412-317-6671 (international). At the system prompt, please enter the code 11158080 followed by the # sign. You will then be prompted for your name, company, and phone number. Playback will then automatically begin. About Inuvo Inuvo®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit Safe Harbor / Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Inuvo's quarter-end financial close process and preparation of financial statements for the quarter that are subject to risks and uncertainties that could cause results to be materially different than expectations. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the 'SEC'), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading 'Risk Factors' in Inuvo, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 as filed on February 29, 2024, and our other filings with the SEC. Additionally, forward looking statements are subject to certain risks, trends, and uncertainties including the continued impact of Covid-19 on Inuvo's business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third-party regarding the subject matter of this press release. The information which appears on our websites and our social media platforms is not part of this press release. Inuvo Company Contact:Wally Ruiz Chief Financial Officer Tel (501) 205-8397 Investor Relations : David Waldman / Natalya Rudman Crescendo Communications, LLC Tel: (212) 671-1020 inuv@
