Fluent Announces Third Quarter 2024 Financial Results; Strategic Pivot Accelerates with Growth of Commerce Media Solutions [Yahoo! Finance]
Fluent, Inc. (FLNT)
Last fluent, inc. earnings: 3/12 04:15 pm
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Source: Yahoo! Finance
Commerce Media Solutions revenue grew 341% to $10.4 million (16% of revenue) from $2.3 (3% of revenue) in Q3 last year with gross profit margin of 33% in the quarter compared to 24% for the consolidated business Commerce Media Solutions annual recurring run rate currently exceeds $50 million demonstrating strong traction in executing strategic pivot to a fast-growing market NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT), a partner monetization and customer acquisition solutions leader, today reported financial results for the third quarter and nine months ended September 30, 2024. Don Patrick, Fluent's Chief Executive Officer, commented, "During the third quarter we continued to accelerate our shift in focus and revenue mix to Fluent's Commerce Media Solutions, previously referred to as our Syndicated Performance Marketplaces. This strategic shift represents a significant opportunity for our business, as a growing number of media owners and advertisers
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News
- Fluent Announces Third Quarter 2024 Financial Results; Strategic Pivot Accelerates with Growth of Commerce Media SolutionsGlobeNewswire
- Fluent, Inc. to Announce 2024 Third Quarter Financial Results on November 14, 2024GlobeNewswire
- Fluent, Inc. (NASDAQ: FLNT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Fluent, Inc. (NASDAQ: FLNT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Fluent, Inc. (NASDAQ: FLNT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
FLNT
Earnings
- 11/14/24 - Miss
FLNT
Analyst Actions
- 8/20/24 - Canaccord Genuity
FLNT
Sec Filings
- 11/14/24 - Form 8-K
- 9/11/24 - Form 4
- 9/11/24 - Form 8-K
- FLNT's page on the SEC website