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Jun 30, 2022
Inuvo Q2 2022 Earnings Report
Revenue increased significantly, driven by growth in both IntentKey and ValidClick platforms, but net loss also increased due to higher operating expenses.
Key Takeaways
Inuvo reported a strong second quarter with a 79.3% year-over-year increase in revenue to $22.7 million. The company experienced growth in both its IntentKey and ValidClick platforms. However, the net loss increased to $3.2 million, or $0.03 per share, compared to a net loss of $2.4 million, or $0.02 per share, for the same period last year.
Revenue increased by 79.3% year-over-year to $22.7 million for Q2 2022.
IntentKey platform revenue increased by 197% year-over-year for Q2 2022.
ValidClick platform revenue increased by 44% year-over-year for Q2 2022.
Net loss for the second quarter of 2022 was $3.2 million, or $0.03 per share.
Forward Guidance
Inuvo did not provide specific forward guidance in this earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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