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

Issuer:     ACCESS Newswire Inc. (ACCS)
CIK:        0000843006
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001654954-24-005883
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Issuer Direct Q1 revenue falls 19% to $7.0M; posts operating loss of $52K
-------------------------------------------------------------------------

- Revenue $7.0M, down 19% YoY from $8.6M; adjusted EBITDA $0.8M vs $1.9M.
- GAAP net loss $139K ($0.04 per share), flat YoY; operating loss $52K vs income $581K.
- Communications revenue down 17%, compliance revenue down 27% YoY.
- Subscriptions up to 1,043 from 1,001; active 12-month customers up 20% to 12,093.
- Cash from operations $986K, up from $272K YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/843006/000165495424005883/0001654954-24-005883-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/843006/000165495424005883/isdr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-005883

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