NYSE$INUV

Inuvo Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported a revenue increase and improved adjusted EBITDA and net loss compared to the same quarter last year.

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.

Headline financials

Total Revenue

$18.2M

Previous: $16.7M+9.4%
EPS

-$0.01

Previous: -$0.03+66.7%
Adjusted EBITDA

-$700K

No prior period
Gross Profit Margin

84.0%

No prior period
Capital Expenditures

-$462K

No prior period
Free Cash Flow

-$1.75M

Previous: -$3.38M+48.3%
Net Income

-$1.75M

Previous: -$3.38M+48.3%
Operating Income

-$1.7M

Previous: -$3.34M+49.1%
Gross Profit

$15.3M

Previous: $14.3M+7.1%
Total Assets

$28.5M

Previous: $34.3M-17.0%

Revenue & EPS history

Inuvo · Revenue · Quarterly

$18.2M

Q2 2024+9.4%vs Q2 2023
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

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

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-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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