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Stock impact report

Fluent Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Fluent, Inc. (FLNT) 
Last fluent, inc. earnings: 3/12 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Media margin of $22.1 million for Q1 2024 Adjusted EBITDA of $0.7 million for Q1 2024 Adjusted net loss of $4.2 million for Q1 2024 NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the first quarter ended March 31, 2024. Don Patrick, Fluent's Chief Executive Officer, commented, "For the quarter, we reported improved gross margins over last year with positive adjusted EBITDA as we continued to deliver both leading and emerging brands a broader suite of customer acquisition and partner monetization solutions. Our new syndicated performance marketplaces - a key strategic focus of ours - continue to be well received in the market and contributed positively to our gross margin performance in the quarter. As expected, our owned and operated markets are seeing softness in the first half of this year due to a challenging macroeconomic environment and media supply challenge Show less Read more
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