---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-028926"
form_type: "8-K"
ticker: "RDVT"
cik: "0001720116"
company_name: "Red Violet, Inc."
filed_at: "2024-03-11T23:59:59+00:00"
generated_at: "2026-06-04T23:53:46.283301+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Red Violet Q4 revenue up 15% to $15.1M; full year net income rises to $13.5M from $0.6M

## Summary
- Q4 revenue $15.1M, +15% YoY; gross margin 64% vs 63%. Net loss narrowed to $1.1M.
- FY 2023 net income $13.5M ($0.97 diluted EPS) vs $0.6M in 2022.
- Adjusted EBITDA $16.4M (+27%); cash from operations $15.1M (+21%).
- Customer count at 7,875; FOREWARN users 185,380; 72 customers >$100K revenue.
- Board authorized additional $5M share repurchase; $4.6M remaining as of March 1, 2024.

## SEC filing metadata
- accession: 0000950170-24-028926
- form_type: 8-K
- ticker: RDVT
- cik: 0001720116
- company_name: Red Violet, Inc.
- filed_at: 2024-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720116/000095017024028926/0000950170-24-028926-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720116/000095017024028926/rdvt-20240307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-028926
- JSON: https://secwatch.observer/filing/0000950170-24-028926.json
- Plain text: https://secwatch.observer/filing/0000950170-24-028926.txt

## Key facts
- Earnings Releases
  Red Violet, Inc. reported fourth quarter and year ended December 31, 2023 results: revenue $60.2 million, net income $13.5 million, EPS $0.97 and $0.96 per basic and diluted share, respectively.
  - Period: fourth quarter and year ended December 31, 2023
  - Revenue: $60.2 million
  - Net income: $13.5 million
  - EPS: $0.97 and $0.96 per basic and diluted share, respectively
  - Result: reported results
  source text: Year 2023 Financial Results Fourth Quarter Revenue Increased 15% to $15.1 Million Producing $4.2 Million of Cash Flow from Operations Full Year 2023 Revenue Increased 13% to $60.2 Million Generating Net Income of $13.5 Million BOCA RATON, Fla. – March 7, 2024 – Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720116/000095017024028926/0000950170-24-028926-index.htm

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