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Dec 31, 2022
Inuvo Q4 2022 Earnings Report
Reported a decrease in revenue and an increased gross profit margin for the fourth quarter of 2022.
Key Takeaways
Inuvo reported a decrease in revenue for the fourth quarter of 2022, totaling $17.3 million compared to $19.7 million in the same period last year. However, the gross profit margin increased to 68.0% from 57.1% in the previous year.
Revenue decreased to $17.3 million in Q4 2022, compared to $19.7 million in Q4 2021.
Gross profit margin increased to 68.0% in Q4 2022 from 57.1% in Q4 2021.
Net loss was $4.0 million, or $0.03 per basic and diluted share, compared to a net loss of $1.2 million, or $0.01 per basic and diluted share, for the same period last year.
Adjusted EBITDA was a loss of $1.8 million in Q4 2022, compared to an Adjusted EBITDA income of $307 thousand for the same period last year.
Forward Guidance
The press release does not contain forward guidance. Therefore, no forward guidance is available.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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