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Jun 30, 2023
Inuvo Q2 2023 Earnings Report
Reported a 40% sequential increase in revenue, reaching $16.7 million.
Key Takeaways
Inuvo reported a 40% sequential increase in revenue to $16.7 million for Q2 2023. The company experienced a net loss of $3.4 million, or $0.03 per share, compared to a net loss of $3.2 million, or $0.03 per share, for the same period last year.
Revenue increased sequentially by 40% from Q1 2023.
June revenue was up roughly 16% year-over-year.
A President was added to the executive team.
The company raised $4 million in capital.
Forward Guidance
The industry is on the verge of material change due to increasing legislative and technological pressure regarding consumer identity and data.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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