---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-040664"
form_type: "8-K"
ticker: "RDVT"
cik: "0001720116"
company_name: "Red Violet, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:43:56.740625+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Red Violet Q2 revenue up 17% to $14.7M; net income turns positive at $0.10 EPS

## Summary
- Revenue $14.7M (+17% YoY); gross margin steady at 64%; net income $1.4M vs loss $0.2M.
- Adjusted EBITDA $4.6M (+58% YoY); adjusted EBITDA margin expanded to 32% from 23%.
- Added 241 IDI customers (total 7,497) and 15,189 FOREWARN users (total 146,537).
- Repurchased 55,018 shares at avg $17.04; $3.2M remaining under $5.0M buyback program.
- Cash and equivalents $31.4M; net cash from operations up 40% to $3.5M.

## SEC filing metadata
- accession: 0000950170-23-040664
- form_type: 8-K
- ticker: RDVT
- cik: 0001720116
- company_name: Red Violet, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720116/000095017023040664/0000950170-23-040664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720116/000095017023040664/rdvt-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-040664
- JSON: https://secwatch.observer/filing/0000950170-23-040664.json
- Plain text: https://secwatch.observer/filing/0000950170-23-040664.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.