Inuvo Stock Price, News & Analysis

Inuvo reported a 34% year-over-year revenue growth for the fourth quarter and 22% growth for the full year 2020. The company's total revenue reached $44.6 million for 2020, with $12.9 million generated in Q4, marking a 40% sequential increase. Key revenue segments included $10.4 million from IntentKey and $9.3 million from ValidClick in Q4, showing respective increases of 34% and 48.5%.

CEO Rich Howe noted the momentum gained despite COVID-19 impacts, with expectations for further growth in 2021. A financial results conference call is scheduled for February 11 at 4:30 PM ET.

Inuvo, Inc. (NYSE American: INUV), a marketing technology provider, announced that CEO Richard Howe and CFO Wally Ruiz will meet with investors at the A.G.P. Virtual Emerging Growth Technology 1x1 Conference on February 4, 2021. This event offers a platform for direct investor engagement and showcases Inuvo's advanced IntentKey™ technology, which enhances consumer engagement through highly accurate intent data. Interested parties can schedule meetings by contacting their A.G.P. representative or KCSA Strategic Communications.

Inuvo, Inc. (NYSE American: INUV) has launched a SaaS version of its AI-driven digital advertising technology, the IntentKey. Previously available as a managed service, the IntentKey now allows clients to use their own resources to deliver campaigns, expanding market reach. This technology adapts to audience trends in real-time, offering a faster and more efficient alternative to traditional third-party data methods, which often delay audience actioning. The IntentKey is positioned to disrupt a $19 billion market and is backed by successful beta testing.

On January 22, 2021, Inuvo (NYSE American: INUV) announced the successful completion of a registered direct offering, securing $6.25 million in gross proceeds. The company sold 5,681,817 shares at $1.10 per share, with proceeds aimed for working capital and general corporate needs. The offering was facilitated by A.G.P./Alliance Global Partners and conducted under an effective shelf registration statement with the SEC. This funding will support Inuvo's marketing technology initiatives powered by artificial intelligence.

Inuvo, Inc. (NYSE American: INUV) announced a registered direct offering of 5,681,817 shares of common stock at $1.10 per share, projected to raise $6.25 million before expenses. The offering is set to close around January 22, 2021, subject to customary conditions. A.G.P./Alliance Global Partners is the sole placement agent for this transaction. This offering utilizes an effective shelf registration statement filed with the SEC, and a prospectus supplement will be available soon.

Inuvo, Inc. (NYSE American: INUV) has successfully completed a registered direct offering, raising a total of $8.0 million in gross proceeds. The company sold 13,333,334 shares at a price of $0.60 per share. Proceeds will be utilized for working capital and general corporate purposes. The offering was backed by A.G.P./Alliance Global Partners as the sole placement agent and conducted under an effective shelf registration statement filed with the SEC. Inuvo specializes in artificial intelligence marketing technology, focusing on delivering consumer-oriented strategies.

Inuvo, Inc. (NYSE American: INUV) has announced a registered direct offering to institutional investors for 13,333,334 shares at $0.60 each, totaling approximately $8.0 million in gross proceeds before expenses. The offering is expected to close on January 19, 2021. A.G.P./Alliance Global Partners is the sole placement agent. This sale is part of an effective shelf registration statement filed with the SEC. Investors are advised to review the prospectus supplement to understand the offering details and associated risks.

Inuvo, a leader in marketing technology, announced its IntentKey AI technology's impact on nonprofit fundraising amid the COVID-19 pandemic. Nonprofits faced challenges due to social distancing, but with the help of Forward PMX, they adapted digital marketing strategies effectively. The IntentKey has historically achieved a 3:1 return on ad spend for nonprofit clients, and it customizes messaging to engage potential donors accurately. As the holiday season approaches, nonprofits can leverage this technology to enhance donation efforts during peak funding times.

Inuvo, Inc. (NYSE American: INUV) recently reported on how its IntentKey AI technology facilitates virtual educational enrichment for children during COVID-19. As schools shift to online learning, parents seek ways to keep their children engaged. The technology helps identify interested parents by connecting them with virtual STEAM programs. This adaptation not only supports families during the pandemic but also enhances brand awareness for Inuvo's educational client, whose offerings are expected to remain relevant post-pandemic.