secwatch.observer — SEC 8-K summary
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Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0000843006-25-000018
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACCESS Newswire Q1 revenue $5.5M (-2% YoY); Adjusted EBITDA surges to $564K
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- Revenue $5.476M (-2% from $5.572M Q1 2024); gross margin 78% vs 75%.
- Adjusted EBITDA $564K (10% of revenue) vs $61K (1% of revenue) YoY.
- Sold compliance business for $12.5M on Feb 28, 2025; net income from discontinued ops $6.152M ($1.60/diluted).
- GAAP loss from continuing ops $0.20/diluted vs $0.21 loss YoY.
- Subscription customers 955 (up 81); ARR per sub $11,139 vs $9,300.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000084300625000018/0000843006-25-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000084300625000018/accs_8k.htm
  HTML page:      https://secwatch.observer/filing/0000843006-25-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer