---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-023687"
form_type: "8-K"
ticker: "FLNT"
cik: "0001460329"
company_name: "Fluent, Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:43:09.422020+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fluent Q2 2023 revenue falls 16% to $82.1M; net income turns positive at $1.2M

## Summary
- Revenue of $82.1M, down 16% YoY from $98.4M; gross profit (excl. D&A) $22.6M, down 20%.
- Net income of $1.2M ($0.01/share) vs net loss of $56.9M ($0.70/share) in Q2 2022.
- Adjusted EBITDA of $5.6M, down $3.8M YoY; media margin $25.9M, down 20%.
- CEO cites volatile macro environment and FTC settlement as strategic roadmap clarity.
- Six-month net loss of $30.8M vs $59.0M prior, reflecting lower goodwill impairment.

## SEC filing metadata
- accession: 0001437749-23-023687
- form_type: 8-K
- ticker: FLNT
- cik: 0001460329
- company_name: Fluent, Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1460329/000143774923023687/0001437749-23-023687-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1460329/000143774923023687/flnt20230519_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-023687
- JSON: https://secwatch.observer/filing/0001437749-23-023687.json
- Plain text: https://secwatch.observer/filing/0001437749-23-023687.txt

## Key facts
- Earnings Releases
  Fluent, Inc. reported second quarter ended June 30, 2023 results: revenue $82.1 million, net income $1.2 million, EPS $0.01 per share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $82.1 million
  - Net income: $1.2 million
  - EPS: $0.01 per share
  - Result: reported results
  source text: filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_523852.htm EXHIBIT 99.1 ex_523852.htm Exhibit 99.1 Fluent Announces Second Quarter 2023 Financial Results • Revenue of $82.1 million for Q2 2023 and $159.4 million for FY 2023 • Gross profit (exclusive of depreciation and amortization) of $22.6 million for Q2 2023 and $41.6 million for FY 2023 • Net income of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460329/000143774923023687/0001437749-23-023687-index.htm
- Earnings Releases
  Fluent, Inc. reported six months ended June 30, 2023 results: revenue $159.4 million, net income net loss of $30.8 million, EPS ($0.37) per share.
  - Period: six months ended June 30, 2023
  - Revenue: $159.4 million
  - Net income: net loss of $30.8 million
  - EPS: ($0.37) per share
  - Result: reported results
  source text: 99.1) --- EX-99.1 2 ex_523852.htm EXHIBIT 99.1 ex_523852.htm Exhibit 99.1 Fluent Announces Second Quarter 2023 Financial Results • Revenue of $82.1 million for Q2 2023 and $159.4 million for FY 2023 • Gross profit (exclusive of depreciation and amortization) of $22.6 million for Q2 2023 and $41.6 million for FY 2023 • Net income of $1.2 million for Q2 2023 and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460329/000143774923023687/0001437749-23-023687-index.htm

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