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Jun 30, 2020
Inuvo Q2 2020 Earnings Report
Inuvo's revenue decreased due to COVID-19, but IntentKey adoption and adjusted EBITDA improved year-over-year.
Key Takeaways
Inuvo's Q2 2020 revenue was $7.6 million, a 46% decrease year-over-year, primarily due to decreased advertising budgets related to COVID-19. However, the IntentKey platform experienced growth, and the company's net loss and adjusted EBITDA improved year-over-year.
Second quarter revenue totaled $7.6 million, a 46% decrease year-over-year.
IntentKey revenue was flat year-over-year within the quarter, accounting for 25.6% of the total revenue.
Net loss improved 30% year-over-year to $1.4 million.
Adjusted EBITDA improved 84% year-over-year to a loss of $140 thousand.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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