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Issuer Direct Reports Fourth Quarter and Full Year 2023 Results - Quarterly Revenue of $7.5 million, an increase of 6% from Q4 2022 [Yahoo! Finance]

Issuer Direct Corporation (ISDR) 
NASDAQ:AMEX Investor Relations: issuerdirect.com/company/investor-relations
Company Research Source: Yahoo! Finance
company, today reported its operating results for the three months and full year ended December 31, 2023. "During the fourth quarter we continued our trend of achieving increases in key financial metrics on a year-over-year basis. Specifically, revenues, gross margins and Adjusted EBITDA were all up over the same quarter of the prior year, momentum we believe will continue through this year and beyond. Additionally, I am encouraged by the progress and investments we made at the end of the year in product innovation, which allowed us to release our Media Suite solution on schedule. We believe Media Suite will be an enabling solution for us and allow our continued growth in the PR communications space," said Brian R. Balbirnie, Issuer Direct's Chief Executive Officer. Revenues increased 6% to $7.5M from $7.1M in Q4 2022. Adjusted EBITDA of $1.2M increased from $1M in Q4 2022. Subscriptions increased to 1,053 compared to 1,002 in Q4 2022. Balbirnie continued, "Furthermore, our Show less Read more
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