Inuvo Reports 44% Year-Over-Year Revenue Growth to $17.0 Million for the First Quarter of 2024
Inuvo, Inc. (INUV)
NASDAQ:AMEX Investor Relations:
investor.inuvo.com
Company Research
Source: GlobeNewswire
Gross profit increased by 72% to $14.9 million for the first quarter of 2024Inuvo management to host conference call today at 4:15 PM ET LITTLE ROCK, Ark., May 07, 2024 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence (AI) that serves brands and agencies, today provided a business update, and announced its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights (year-over-year): Revenue increased 44% to $17.0 million in Q1 2024Gross profit increased 72% to $14.9 million in Q1 2024Gross margin increased to 87.7% in Q1 2024 from 73.1% in Q1 2023Adjusted EBITDA improved 56% to a loss of $1.0 million dollars and net loss improved by 38% to a loss of $2.1 million Q1 2024 Operational Highlights and Subsequent Events: Launched an innovative omnichannel measurement solution capable of predicting performance without relying on user identificationAnn
Show less
Read more
Impact Snapshot
Event Time:
INUV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INUV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INUV alerts
High impacting Inuvo, Inc. news events
Weekly update
A roundup of the hottest topics
INUV
News
- Inuvo, Inc. (NYSE: INUV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Inuvo, Inc. (NYSE: INUV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Inuvo, Inc. (AMEX:INUV) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Inuvo, Inc. (NYSE: INUV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Inuvo to Host First Quarter 2024 Financial Results Conference Call on Tuesday, May 7th at 4:15 P.M. ET [Yahoo! Finance]Yahoo! Finance
INUV
Analyst Actions
- 4/2/24 - Ladenburg Thalmann
INUV
Sec Filings
- 5/7/24 - Form 424B5
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- INUV's page on the SEC website