Issuer Direct Q2 revenue up 2% to $5.81M; GAAP EPS down to $0.22 from $0.29 YoY

ACCESS Newswire Inc.

2022-Q2 EPS reported $0.36 revenue$11,095,000

Revenue $5.81M (+2% YoY); GAAP net income $841k ($0.22 diluted) vs $1.11M ($0.29) in Q2 2021.
Communications revenue $3.7M (+5% YoY, 64% of total); ACCESSWIRE up 16% YoY.
Gross margin improved to 77% from 74% YoY; operating income $1.15M vs $1.36M.
Repurchased 163,201 shares for $3.86M in Q2; $4.04M repurchased YTD under $5M plan.
Active subscription customers rose 20% YoY to 966; total customers 3,715 (flat).

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