earnings
confidence high
sentiment positive
materiality 0.75
Issuer Direct reports record Q2 revenue $5.72M, net income up 43% to $1.106M
ACCESS Newswire Inc.
2021-Q2 EPS reported
$0.43
revenue$10,700,000
- Revenue $5.72M (+17% YoY); net income $1.106M ($0.29 diluted EPS), up 43% from $772K.
- EBITDA $1.641M (29% of revenue) vs $1.354M (28%) in Q2 2020; Communications revenue grew 16% to $3.5M.
- ACCESSWIRE revenue up 30% YoY; launched Newsroom product suite for private companies.
- Ended stock repurchase plan after buying back remaining $452K (19,777 shares); Platform id. subscriptions 403 with $3.34M annual contract value.
- Customer base: 1,639 public (+11% YoY) and 2,115 private (+52% YoY) customers.