secwatch.observer — SEC 8-K summary
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Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001654954-23-014018
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000165495423014018/0001654954-23-014018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000165495423014018/isdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-014018

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