secwatch.observer — SEC 8-K summary
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Issuer:     Fluent, Inc. (FLNT)
CIK:        0001460329
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001437749-23-023687
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1460329/000143774923023687/0001437749-23-023687-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1460329/000143774923023687/flnt20230519_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-023687

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