Issuer Direct Q3 revenue $7.6M (+43% YoY) but GAAP net income falls to $0.07 from $0.19

ACCESS Newswire Inc.

2023-Q3 EPS reported $0.39 revenue$25,839,000

Revenue rose 43% YoY to $7.6M; Adjusted EBITDA up 45% to $1.8M.
GAAP net income $273K ($0.07 diluted) vs $686K ($0.19) in Q3 2022; operating income down to $593K.
Communications revenue +74% YoY; Compliance revenue -17% YoY; subscriptions at 1,050.
Cash from operations $287K vs $1.38M in Q3 2022; non-GAAP diluted EPS unchanged at $0.27.

item 2.02 item 9.01

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 three and nine months ended September 30, 2023 results: revenue $7,569,000, net income $273,000, EPS $0.07 per diluted share.

Period: three and nine months ended September 30, 2023
Revenue: $7,569,000
Net income: $273,000
EPS: $0.07 per diluted share
Result: reported results

Exact text from the filing

Issuer Direct Reports Third Quarter 2023 Results - Quarterly Revenue of $7.6 Million, an Increase of 43% from 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 0001654954-23-014018

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