secwatch.observer — SEC 8-K summary
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Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K/A
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0000843006-25-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACCESS Newswire Q1 revenue down 2% to $5.5M; Adjusted EBITDA surges to $564K; sells compliance unit for $12.5M
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- Revenue $5.48M vs $5.57M in Q1 2024; GAAP net loss from continuing ops $765K ($0.20/diluted share).
- Adjusted EBITDA $564K (10% of revenue), up from $61K (1% of revenue) in Q1 2024.
- Sale of Compliance business closed Feb 28 for $12.5M; net income from discontinued ops $6.15M ($1.60/share).
- Subscription customers up to 955 (9% growth ex-compliance), ARR per subscription customer $11,139 vs $9,300.
- Operating cash flow $809K, up from $77K in Q1 2024; gross margin improved to 78%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000084300625000024/0000843006-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000084300625000024/accs_8ka.htm
  HTML page:      https://secwatch.observer/filing/0000843006-25-000024

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