---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-017072"
form_type: "8-K"
ticker: "FLNT"
cik: "0001460329"
company_name: "Fluent, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T22:53:56.469500+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fluent Q1 revenue down 15% YoY to $66M; adjusted EBITDA positive at $0.7M

## Summary
- Revenue $66.0M (-15% YoY); net loss $6.3M ($0.45/share) vs net loss $31.9M in Q1 2023.
- Gross profit (excl D&A) $18.6M (28% of revenue), improved margin; Media margin $22.1M (+1% YoY).
- Adjusted EBITDA $0.7M positive (1.0% of revenue); adjusted net loss $4.2M ($0.30/share).
- CEO cites softness in owned markets due to macro and FTC consent order; expects stabilization in H2.
- $10M equity investment from founders, largest shareholder, and CEO reduces credit facility dependence.

## SEC filing metadata
- accession: 0001437749-24-017072
- form_type: 8-K
- ticker: FLNT
- cik: 0001460329
- company_name: Fluent, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1460329/000143774924017072/0001437749-24-017072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1460329/000143774924017072/flnt20240301_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-017072
- JSON: https://secwatch.observer/filing/0001437749-24-017072.json
- Plain text: https://secwatch.observer/filing/0001437749-24-017072.txt

## Key facts
- Earnings Releases
  Fluent, Inc. reported first quarter ended March 31, 2024 results: revenue Revenue of $66.0 million, net income Net loss of $6.3 million, EPS $0.45 per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: Revenue of $66.0 million
  - Net income: Net loss of $6.3 million
  - EPS: $0.45 per share
  - Result: reported results
  source text: such filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex_633428.htm EXHIBIT 99.1 ex_633428.htm Exhibit 99.1 Fluent Announces First Quarter 2024 Financial Results • Revenue of $66.0 million for Q1 2024 • Net loss of $6.3 million for Q1 2024 • Gross profit (exclusive of depreciation and amortization) of $18.6 million for Q1 2024 • Media margin of $22.1 million for Q1
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460329/000143774924017072/0001437749-24-017072-index.htm

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