secwatch.observer — SEC 8-K summary
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Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001654954-23-002324
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000165495423002324/0001654954-23-002324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000165495423002324/isdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-002324

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