Welcome to our dedicated page for Fluent news (Ticker: FLNT), a resource for investors and traders seeking the latest updates and insights on Fluent stock.
Fluent, Inc. (NASDAQ: FLNT) is a leader in data-driven performance marketing, connecting brands with consumers through innovative digital solutions. This news hub provides investors and marketing professionals with essential updates about the company's strategic initiatives and market position.
Access real-time announcements including earnings reports, partnership developments, and product innovations. Our curated collection features official press releases alongside third-party analysis, offering comprehensive insights into Fluent's operational milestones and industry impact.
Key coverage areas include advertising technology advancements, client acquisition strategies, and financial performance updates. The resource is particularly valuable for tracking Fluent's expertise in leveraging first-party data and machine learning for targeted marketing solutions.
Bookmark this page for streamlined access to FLNT news updates. Check regularly for the latest developments in performance marketing trends and the company's evolving role within the digital advertising ecosystem.
Fluent, Inc. (NASDAQ: FLNT) reported Q1 2021 revenue of $70.2 million, an 11% decline from Q1 2020. The company experienced a net loss of $6.3 million, or $0.08 per share compared to a net income of $0.4 million in the prior year. Media margin increased to $24.9 million, representing 35.4% of revenue. Adjusted EBITDA stood at $4.7 million, or 6.7% of revenue. The company noted strong client demand and a successful transition in its Traffic Quality Initiative, with a new $65 million credit facility enhancing financial flexibility.
Fluent, Inc. (NASDAQ: FLNT) will release its Q1 2021 financial results on May 10, 2021, after U.S. markets close. The company, a leader in performance marketing, will also hold a conference call at 4:30 PM ET on the same day to discuss the results and provide a business update. Interested parties can join via phone or access the live webcast on Fluent's website. The call will feature a replay option for those unable to attend, available for a week post-event.
Fluent, Inc. (NASDAQ: FLNT) has secured a new five-year credit agreement, featuring a $50 million term loan and a revolving credit facility of up to $15 million with Citizens Bank and others. The term loan proceeds will refinance existing debts, cover transaction fees, and support working capital. Notably, the new facility offers a significantly lower interest rate margin of 1.75% to 2.75% compared to 7.00% previously. This refinancing is expected to reduce debt costs and enhance financial flexibility.
Fluent, Inc. (NASDAQ: FLNT) reported a 2.5% increase in Q4 2020 revenue to $82.0 million compared to Q4 2019. Net income was $0.2 million, or $0.00 per share, down from $1.0 million a year prior. Media margin rose by 21.8% to $32.0 million, representing 39.0% of revenue. For the full year 2020, revenue grew by 10.3% to $310.7 million, with net income of $2.2 million, or $0.03 per share, reversing a loss from 2019. The company emphasized a focus on traffic quality and strategic partnerships to drive long-term growth.
Fluent (NASDAQ: FLNT) is set to announce its financial results for Q4 and FY 2020 on March 16, 2021, after U.S. markets close. The earnings call will take place at 4:30 PM ET the same day, providing insights into the company's performance and future strategy. Interested parties can listen to the conference call via dial-in or online at the Fluent website. This announcement marks a key moment for investors as they anticipate metrics showcasing the company's marketing strategies and consumer engagement.
Fluent, Inc. (NASDAQ: FLNT) has been recognized in Singular’s 2021 ROI Index, marking its debut as a leading mobile media source. Ranking alongside tech giants like Facebook and Google, Fluent excelled particularly in the gaming category and was noted for driving effective mobile user acquisition campaigns on iOS. The index examines 27 lists with 323 positions, covering significant ad spend and app installs. Fluent aims to leverage its proprietary data to fulfill client growth objectives in a competitive landscape.
Fluent, Inc. (NASDAQ: FLNT) has launched a $250K Business Empowerment Program focused on supporting minority and women-owned businesses. Five recipients were selected from over 270 applications, each receiving $50,000 in digital marketing resources. This initiative aims to assist businesses impacted by the COVID-19 pandemic, enhancing their growth potential in the digital economy. The chosen companies include Official Black Wall Street, CapWay, Waiver, EDEN BodyWorks, and Jopwell, all set to leverage these resources for customer acquisition and marketing improvements.
Fluent, Inc. (NASDAQ: FLNT) reported preliminary financial metrics for 2020, anticipating full-year revenue between $309.7 and $310.7 million, a 10.1% increase from 2019. Fourth-quarter revenue is projected at $81.0 to $82.0 million. Media Margin is expected to be $109.4 to $110.4 million, up 17.4%, with fourth-quarter Media Margin between $31.0 and $32.0 million. Adjusted EBITDA is anticipated to be $39.0 to $41.0 million, a 15.4% growth compared to 2019. Final results will be disclosed in March.
Fluent, Inc. (NASDAQ: FLNT) is set to participate in the 23rd Annual Needham Growth Conference from January 11-15, 2021. CEO Ryan Schulke will present on January 15 at 9:15 am ET and engage in one-on-one meetings alongside CFO Alex Mandel. The presentation will be live-streamed and archived for future viewing.
Fluent leverages proprietary data to drive marketing strategies, focusing on creating connections between consumers and brands since its founding in 2010 in New York City.
FAQ
What is the current stock price of Fluent (FLNT)?
What is the market cap of Fluent (FLNT)?
