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Sep 30, 2023
Inuvo Q3 2023 Earnings Report
Inuvo reported record quarterly revenue with a significant year-over-year increase and positive free cash flow.
Key Takeaways
Inuvo reported a record quarterly revenue of $24.6 million, a 44% year-over-year increase. The company also achieved strong sequential revenue growth, a significant increase in gross profit, and positive adjusted EBITDA. Notably, the company has been generating positive free cash flow for the last five months.
Achieved record quarterly revenue of $24.6 million, a 44% year-over-year increase.
Experienced strong sequential revenue growth of 48%.
Gross profit increased by 117% year-over-year.
Delivered positive adjusted EBITDA for the quarter.
Forward Guidance
No forward guidance provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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