secwatch.observer — SEC 8-K summary
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Issuer:     Red Violet, Inc. (RDVT)
CIK:        0001720116
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0000950170-25-067078
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Violet Q1 revenue up 26% to record $22M; EPS $0.24, adj. EPS $0.33
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- Revenue $22.0M (+26% YoY); gross profit $15.8M (+37%); gross margin 72% (vs 66%).
- Net income $3.4M (+93%); diluted EPS $0.24; adjusted EBITDA $8.4M (+47%), margin 38%.
- Added 315 IDI customers (total 9,241) and 21,918 FOREWARN users (total 325,336).
- Paid special cash dividend of $0.30/share ($4.2M total) on Feb 14, 2025.
- Cash and cash equivalents $34.6M as of March 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720116/000095017025067078/0000950170-25-067078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720116/000095017025067078/rdvt-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-067078

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