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Jun 30, 2024
Inuvo Q2 2024 Earnings Report
Reported a revenue increase and improved adjusted EBITDA and net loss compared to the same quarter last year.
Key Takeaways
Inuvo reported a 9.4% increase in revenue to $18.2 million for Q2 2024. The company also saw a 62% improvement in adjusted EBITDA loss, and a 48% reduction in net loss.
Revenue increased 9.4% to $18.2 million in Q2 2024.
Adjusted EBITDA loss improved 62% to a loss of $668 thousand in Q2 2024.
Net loss reduced by 48% to a loss of $1.7 million in Q2 2024.
Secured $10.0 million credit line.
Forward Guidance
While the company provided preliminary revenue for July 2024, it does not anticipate continuing to report preliminary unaudited monthly revenue and will provide additional financial information when Q3 2024 financial results are available.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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