earnings
confidence high
sentiment positive
materiality 0.65
Issuer Direct posts record Q1 revenue $5.3M (+6% YoY); gross margin expands to 77%
ACCESS Newswire Inc.
2022-Q1 EPS reported
$0.13
revenue$5,288,000
- Revenue $5.288M (+6% YoY); gross margin 77% vs 72% in Q1 2021.
- Net income $516K ($0.13 diluted EPS); non-GAAP net income $830K ($0.22 EPS).
- EBITDA $850K (16% of revenue); operating income $688K vs $707K YoY.
- Board authorized $5M stock repurchase plan; 6,200 shares bought in Q1 for $182K.
- Active customers 3,483; subscription customers up 29% to 964 from 750.