Fluent, Inc. reports developments as a commerce media solutions company focused on performance advertising and customer acquisition. The company connects advertisers with engaged consumers through partner websites, mobile applications, transaction flows, owned digital media properties, first-party data and proprietary machine learning.
Recurring Fluent news includes quarterly and annual results, Commerce Media Solutions growth, partner integrations across retail, travel, ticketing, services and other high-intent transaction environments, and advertiser marketplace activity. Company updates also cover capital actions, financing flexibility, investor-conference participation and portfolio changes, including the completed sale of the Winopoly Call Solutions subsidiary as Fluent concentrates resources on Commerce Media Solutions.
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Fluent, Inc. (NASDAQ: FLNT) has been recognized for data quality excellence for seven consecutive quarters by Truthset in the Q4 2022 Truthscore™ Index. This accolade highlights Fluent's commitment to providing accurate consumer data, essential for effective data-driven marketing strategies. The company has consistently ranked #1 in critical attributes such as education, employment, and household income. Fluent's robust database comprises hundreds of millions of opted-in consumer profiles, enabling leading brands to achieve their marketing goals.
According to Chip Russo, President and CRO of Truthset, Fluent is a trusted partner for advertisers seeking credible data to enhance their return on investment. The company continues to validate its data publicly, underscoring its importance in today’s marketing landscape.
Fluent, Inc. (NASDAQ: FLNT) reported Q4 2022 results, revealing a 15.2% decline in revenue to $84.7 million and a net loss of $67.5 million compared to a profit of $3.8 million in Q4 2021. For the full year, revenue increased 9.7% to $361.1 million, but the net loss for FY 2022 reached $123.3 million, a significant rise from $10.1 million the previous year. Gross profit showed a 9.5% increase year-on-year to $93.6 million, constituting 26% of total revenue. Despite current economic challenges, the company remains focused on enhancing consumer engagement and expanding its media footprint, positioning itself for long-term growth.
Fluent, Inc. (NASDAQ: FLNT) announced its plans to report financial results for the Fourth Quarter and Full Year ended December 31, 2022, on March 15, 2023, post U.S. market close. A conference call will follow at 4:30 PM ET the same day to discuss the results and offer a business update. Interested parties can access the call by registering online or listening via the company's Investor Relations Page. A recorded replay will also be available for those unable to attend.
Skillz (NYSE: SKLZ) announces the appointment of Alex Mandel, former CFO of The Influential Network Inc., to its Board of Directors. He replaces Vanna Mehta-Krantz, who is stepping down for other commitments. Mandel brings extensive financial experience, having previously held CFO positions at Fluent, Inc. (NASDAQ: FLNT) and LendingTree, Inc. (NASDAQ: TREE). His expertise is expected to support Skillz's growth strategy and enhance operations. CEO Andrew Paradise has expressed excitement about Mandel’s role in accelerating the company's trajectory toward profitability.
Fluent, Inc. (NASDAQ: FLNT) reported Q3 2022 revenue of $89.0 million, up 4% year-over-year. Net income reached $3.1 million or $0.04 per share, compared to a net loss of $2.5 million in Q3 2021. Gross profit increased 8% to $23.8 million, representing 27% of revenue. Media margin rose 16% to $28.1 million, accounting for 31.5% of revenue. Adjusted EBITDA was $5.9 million, or 6.6% of revenue. The company emphasizes a focus on consumer engagement and quality improvement in its performance marketplace.
Fluent, Inc. (NASDAQ: FLNT) will announce its Third Quarter 2022 financial results on November 7, 2022, after U.S. markets close. The company will host a conference call at 4:30 PM ET the same day to review its results and provide a business update. Investors can register for the call online or access it via Fluent's Investor Relations Page. A replay of the call will be available for a year after the event. Fluent is known for its data-driven performance marketing strategies, leveraging technology and consumer insights to deliver effective marketing solutions.