NYSE$INUV

Inuvo Inc · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported a 40% sequential increase in revenue, reaching $16.7 million.

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.

Headline financials

Total Revenue

$16.7M

Previous: $22.7M-26.5%
EPS (adj)

-$0.03

Previous: -$0.03+0.0%
Free Cash Flow

-$3.38M

Previous: -$3.23M-4.6%
Net Income

-$3.38M

Previous: -$3.23M-4.6%
Operating Income

-$3.34M

Previous: -$2.84M-17.7%
Gross Profit

$14.3M

Previous: $13.4M+6.8%
Cash & Equivalents

$5M

Previous: $6.37M-21.5%
Total Assets

$34.3M

Previous: $42.5M-19.3%

Revenue & EPS history

Inuvo · Revenue · Quarterly

$16.7M

Q2 2023-26.5%vs Q2 2022
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

Inuvo · $7.93M total across 2 segments · Q1 2026

  • Legacy Search
    $4.53M
  • Audience Modeling
    $3.4M

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

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-1.6%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-3.5%

Avg return

30 days after

38%

25 / 65 earnings

Positive

+24.2%

Q1 2022

Best reaction

-29.2%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.8%-20.1%
Q4 2025-3.6%+1.5%-23.6%
Q3 2025-8.9%-3.7%+1.5%
Q2 2025-29.2%-30.6%-38.3%
Q1 2025+5.1%+12.8%+2.6%
Q4 2024-3.9%-9.3%-11.6%
Q3 2024-5.9%-12.5%+41.7%
Q2 2024-5.6%-6.7%-13.3%
Q1 2024-3.9%-8.6%-25.7%
Q4 2023-15.8%-6.1%-30.6%
Q3 2023+18.9%+42.1%+78.9%
Q2 2023+6.2%+4.3%+0.0%
Q1 2023+10.3%+27.6%-13.8%
Q4 2022-20.1%-18.9%-18.9%
Q3 2022-14.4%-17.1%-31.7%
Q2 2022+7.8%+12.2%-2.0%
Q1 2022+24.2%+39.4%+48.5%
Q4 2021+9.6%+13.3%+0.0%
Q3 2021-3.9%-8.2%-21.9%
Q2 2021-4.8%-15.9%-9.8%
Q1 2021-3.0%+7.6%-87.2%
Q4 2020-8.7%+34.5%-20.9%
Q3 2020-13.8%-18.6%-9.3%
Q2 2020-11.2%-12.5%-30.4%
Q1 2020-7.3%+8.3%+108.3%
Q4 2019-15.8%-5.0%+15.0%
Q3 2019-6.8%-3.3%-3.3%
Q2 2019+4.7%+13.6%+27.3%
Q1 2019-2.8%-16.2%+4.4%
Q4 2018-0.8%+0.0%+4.7%
Q3 2018-11.0%-14.0%-16.9%
Q2 2018-0.1%-1.4%-8.7%
Q1 2018-1.0%+1.1%-21.3%
Q4 2017+0.2%-3.6%+8.3%
Q3 2017+2.7%+0.0%+6.0%
Q2 2017-5.5%-11.0%-15.6%
Q1 2017-5.0%-0.8%-6.7%
Q4 2016+2.5%+5.3%-9.2%
Q3 2016+1.7%-6.0%+6.0%
Q2 2016-19.6%-11.1%-20.3%
Q1 2016-5.9%
Q4 2015-6.2%
Q3 2015+5.0%
Q2 2015-1.3%
Q1 2015-2.1%
Q4 2014+17.1%
Q3 2014-1.5%
Q2 2014-6.1%
Q1 2014+13.7%
Q4 2013-3.7%
Q3 2013-2.4%
Q2 2013+5.9%
Q1 2013+7.7%
Q4 2012+4.2%
Q3 2012-8.8%
Q2 2012-6.5%
Q1 2012+5.2%
Q4 2011-11.5%
Q3 2010-3.7%
Q3 2011-3.7%
Q2 2010+5.4%
Q2 2011+5.4%
Q1 2011+7.3%
Q4 2010+7.3%
Q1 2010+7.3%

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