secwatch.observer — SEC 8-K summary
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Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001654954-22-006121
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Issuer Direct posts record Q1 revenue $5.3M (+6% YoY); gross margin expands to 77%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000165495422006121/0001654954-22-006121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000165495422006121/isdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-006121

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