secwatch.observer — SEC 8-K summary
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Issuer:     Red Violet, Inc. (RDVT)
CIK:        0001720116
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0000950170-24-123704
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Violet reports record Q3 revenue $19.1M (+20% YoY); Adj. EBITDA up 25% to $6.7M
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- Revenue $19.1M (+20% YoY); gross profit $13.4M (+28%); gross margin 70% vs 66%.
- Adjusted EBITDA $6.7M (+25%); adjusted EBITDA margin 35% vs 34%.
- Net income $1.7M ($0.12/sh); prior year net income included $10.3M tax benefit.
- Cash from operations $7.2M (+25%); cash $35.7M; repurchased 292,744 shares YTD at avg $19.81.
- Added 266 IDI customers (8,743 total) and 21,091 FOREWARN users (284,967 total).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720116/000095017024123704/0000950170-24-123704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720116/000095017024123704/rdvt-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-123704

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