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Stock impact report

Inuvo Reports 23% Sequential Revenue Growth to $22.4 million for the Third Quarter of 2024

Inuvo, Inc. (INUV) 
NASDAQ:AMEX Investor Relations: investor.inuvo.com
Company Research Source: GlobeNewswire
Announces strong start to Q4 2024 and projecting double-digit revenue growth Inuvo management to host conference call today at 8:30 AM EST LITTLE ROCK, Ark., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), provider of the first generative artificial intelligence (AI) advertiser solution made specifically for brands and agencies, today provided a business update, and announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial and Business Highlights: Revenue for the three months ended September 30, 2024 was $22.4 million, a 23% sequential increase in revenue for Q3 2024 compared to Q2 2024Revenue from Agencies & Brands for the three months ended September 30, 2024 was up 15%, Platforms was down 12%, compared to the same quarter last year. Sequentially, revenue from Agencies & Brands was up 16% and Platforms was up 24%, respectively over the second quarter of 2024Adjusted EBITDA Show less Read more
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