Issuer Direct Q4 revenue up 25% to $7.1M; GAAP net loss $(0.03)/share vs $0.16 profit YoY

ACCESS Newswire Inc.

Q4 2022 revenue $7.139M (+25% YoY); full-year revenue $23.514M (+7% YoY).
Q4 GAAP net loss $109K ($0.03 diluted loss) vs net income $616K ($0.16) in Q4 2021.
Full-year GAAP net income $1.934M ($0.52 diluted) vs $3.291M ($0.86) in 2021.
Q4 adjusted EBITDA $1.015M (14% of revenue) vs $1.336M (23%) in Q4 2021.
Acquired Newswire on Nov 1, 2022; added 1,196 customers in Q4; completed $5M stock buyback.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ACCESS Newswire Inc. reported the three months and full year ended December 31, 2022 results: revenue $7,139,000, net income $(0.03) per diluted share, EPS $(0.03) per diluted share.

Period: the three months and full year ended December 31, 2022
Revenue: $7,139,000
Net income: $(0.03) per diluted share
EPS: $(0.03) per diluted share
Result: reported results

Exact text from the filing

nue to innovate our platform offerings and bring key technologies to our customers that will allow them to curate, distribute, engage and analyze their stories in the most effective ways possible.” Fourth Quarter 2022 Highlights: · Revenue - Total revenue was $7,139,000, a 25% increase from $5,718,000 in Q4 2021 and a 35% increase from $5,280,000 in Q3 2022.

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23 earnings releases filed in the last 30 days. Browse all earnings releases →

ACCESS Newswire Inc. filing history →

Source: SEC EDGAR

accession 0001654954-23-002324

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