Fluent Q3 revenue up 4% to $89M; net income $3.1M vs year-ago loss

Fluent, Inc.

2022-Q3 EPS reported -$0.69 revenue$276,470,000

Revenue $89.0M (+4% YoY); net income $3.1M ($0.04 EPS) vs net loss of $2.5M ($0.03 loss) in Q3 2021.
Media margin $28.1M (+16% YoY), representing 31.5% of revenue; adjusted EBITDA $5.9M (6.6% of revenue).
Adjusted net income $5.0M ($0.06 per share); gross profit (excl D&A) $23.8M, up 8%.
CEO cites volatile economic environment but reaffirms long-term strategic growth plan.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Fluent, Inc. reported the third quarter ended September 30, 2022 results: revenue $89.0 million, net income $3.1 million, or $0.04 per share, EPS $0.04 per share.

Period: the third quarter ended September 30, 2022
Revenue: $89.0 million
Net income: $3.1 million, or $0.04 per share
EPS: $0.04 per share
Result: reported results

Exact text from the filing

• Q3 2022 revenue of $89.0 million, up 4% over Q3 2021 • Net income of $3.1 million, or $0.04 per share

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Fluent, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-22-026182

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