secwatch.observer — SEC 8-K summary
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Issuer:     Inuvo, Inc. (INUV)
CIK:        0000829323
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001654954-24-013980
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inuvo Q3 revenue $22.4M, up 23% sequentially; projects double-digit Q4 growth
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- Revenue $22.4M (up 23% QoQ, down 9% YoY); net loss $2.0M including $0.6M impairment.
- Adjusted EBITDA loss $357K, improved $310K QoQ; gross margin 88.4%.
- Secured $10M credit line in July; cash $2.6M, no debt at Sept 30, 2024.
- Strong Q4 start; forecasting double-digit YoY revenue growth for the quarter.
- New retail client closed; IntentKey self-service product update expected Q1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829323/000165495424013980/0001654954-24-013980-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829323/000165495424013980/inuvo_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-013980

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