{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-021362","form_type":"8-K","ticker":"RDVT","cik":"0001720116","company_name":"Red Violet, Inc.","filed_at":"2023-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.213518+00:00","generated_at":"2026-06-15T04:23:15.283388+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Red Violet Q1 revenue up 15% to $14.6M; net income surges 569% to $0.7M","bullets":["Revenue $14.6M (+15% YoY); gross margin improved to 66% from 64%.","Net income $0.7M ($0.05 EPS) vs $0.1M ($0.01 EPS) in Q1 2022.","Adjusted EBITDA $3.7M (+15%); adjusted gross margin 78% vs 75%.","Added 235 IDI customers (7,256 total) and 14,388 FOREWARN users (131,348 total).","Repurchased 44,766 shares at avg $16.88; $3.4M remaining under $5M buyback program."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-021362","json":"https://secwatch.observer/filing/0000950170-23-021362.json","markdown":"https://secwatch.observer/filing/0000950170-23-021362.md","text":"https://secwatch.observer/filing/0000950170-23-021362.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1720116/000095017023021362/0000950170-23-021362-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1720116/000095017023021362/rdvt-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T04:23:15.283388+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f1967b17ad89fbcc0500714438e7e5d1802e0e10","claim":"Red Violet, Inc. reported first quarter ended March 31, 2023 results: revenue $14.6 million, net income $0.7 million, EPS $0.05 per basic and diluted share.","evidence_excerpt":"reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 red violet Announces First Quarter 2023 Financial Results First Quarter Revenue Increased 15% to $14.6 Million, Generated EPS of $0.05 BOCA RATON, Fla. – May 9, 2023 – Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced financial","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1720116/000095017023021362/0000950170-23-021362-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$14.6 million"},{"label":"Net income","value":"$0.7 million"},{"label":"EPS","value":"$0.05 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}