NYSE$INUV
Inuvo Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Inuvo reported a sequential growth of 23% but experienced a year-over-year decrease of 9% due to a strong prior-year quarter, while adjusted EBITDA improved sequentially but remained a loss.
Inuvo's Q3 2024 saw a sequential revenue increase of 23% but a year-over-year decrease of 9%. The company is estimating double-digit year-over-year growth in Q4. Adjusted EBITDA improved sequentially, and the company expects it to be near break-even in Q4. They signed a master services agreement with a large retailer and are focusing on scaling revenue from Platform clients and new mid-size Agencies and Brands.
- Revenue increased 23% sequentially but decreased 9% year-over-year compared to Q3 2023.
- Adjusted EBITDA improved by $310 thousand sequentially, with a loss of $357 thousand in Q3 2024.
- The company expects double-digit year-over-year revenue growth in Q4 2024.
- A master services agreement was signed with a large retailer, expected to thrive in the future.
Headline financials
Revenue & EPS history
Inuvo · Revenue · Quarterly
$22.4M
Revenue by segment
Inuvo · $7.93M total across 2 segments · Q1 2026
- Legacy Search$4.53M—57.1%
- Audience Modeling$3.4M—42.9%
Forward guidance
Inuvo anticipates double-digit year-over-year revenue growth in the fourth quarter and expects Adjusted EBITDA to be near break-even.
Tailwinds
- Expects double digit year-over-year growth in the fourth quarter.
- Adjusted EBITDA is expected to be near break even in the fourth quarter.
- Expansion of markets by offering both self- and full-service offerings.
- Strengthened enablement and marketing functions to better support sales and communicate value proposition.
- Refined messaging to clearly highlight strengths and value proposition to clients and investors.
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 Q3 2024
-1.6%
Avg return
Earnings day
-0.9%
Avg return
5 days after
-0.5%
Avg return
30 days after
38%
25 / 65 earnings
Positive
+24.2%
Q1 2022
Best reaction
-29.2%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (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% | +7.8% | +30.0% | |
| 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 2011 | -3.7% | — | — | |
| Q3 2010 | -3.7% | — | — | |
| Q2 2010 | +5.4% | — | — | |
| Q2 2011 | +5.4% | — | — | |
| Q1 2011 | +7.3% | — | — | |
| Q1 2010 | +7.3% | — | — | |
| Q4 2010 | +7.3% | — | — |
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