secwatch.observer — SEC 8-K summary
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Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001654954-22-010595
Event type: earnings
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000165495422010595/0001654954-22-010595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000165495422010595/isdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-010595

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