secwatch.observer — SEC 8-K summary
======================================

Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001654954-23-010482
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Issuer Direct Q2 revenue record $9.7M (+66% YoY); diluted EPS $0.36 vs $0.22
----------------------------------------------------------------------------

- Revenue rose 66% to $9.7M (record); GAAP net income $1.36M ($0.36/diluted) vs $0.84M ($0.22) in Q2 2022.
- Adjusted EBITDA more than doubled to $3.02M (31% margin) from $1.50M (26% margin) in prior-year quarter.
- Active subscriptions increased to 1,015 from 966; AI writing assistant AImee commercially launched at quarter end.
- Operating cash flow improved to $1.73M from $1.10M; total customers with active contract in past 12 months grew to 10,449 from 7,440.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000165495423010482/0001654954-23-010482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000165495423010482/isdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-010482

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