Inuvo Stock Price, News & Analysis

Inuvo, Inc. (NYSE American: INUV) has highlighted the pivotal role of its IntentKey AI technology in aiding political campaigns during the unique challenges of the COVID-19 pandemic. As traditional advertising channels became less effective due to remote work and social distancing, campaigns turned to digital solutions. The IntentKey allows for targeted advertising, strategically focusing on voters who haven't cast their ballots yet, thus optimizing budget use. Increasing interest in local voting issues underscores the importance of reaching in-market audiences effectively.

Inuvo, Inc. (NYSE American: INUV) has rescheduled its third quarter 2020 financial results conference call to November 9, 2020, at 4:30 p.m. ET. The call aims to provide insights into the company's financial performance powered by its IntentKey AI technology, which enhances marketing strategies through consumer intent data. Participants can join via a toll-free number or listen to a replay until November 23, 2020. This technology aims to optimize media execution and improve brand messaging effectiveness.

Inuvo, a leading marketing technology provider using IntentKey™ AI, will participate in the ROTH Capital Technology Virtual Conference on November 11-12, 2020. CEO Richard Howe and CFO Wally Ruiz will be available for virtual meetings. Interested parties can register by emailing registration@roth.com or clicking here.

Inuvo, Inc. (NYSE American: INUV) will hold a conference call on November 10, 2020, at 4:30 p.m. Eastern to discuss its Q3 2020 financial results and provide a business update. The conference call can be accessed using the toll-free number 1-888-394-8218 or internationally at 1-323-701-0225, with Conference ID 1612093. Inuvo’s IntentKey™ technology utilizes machine learning to effectively analyze consumer intent and sentiment, enhancing marketing strategies. A replay of the call will be available until November 24, 2020.

Inuvo, Inc. (NYSE American: INUV) has launched a new feature for its IntentKey™ AI technology, enabling marketers to measure the effectiveness of their Connected TV (CTV) campaigns. This innovation offers attribution capabilities, allowing businesses to track audience engagement and conversions across digital channels. Initial tests demonstrated that CTV conversion rates are competitive with other digital marketing methods. The company plans to expand this feature beyond the insurance sector to healthcare and financial services, enhancing its value proposition for advertisers.

Inuvo, a provider of marketing technology, announced preliminary unaudited revenues of $9.2 million for Q3 2020, reflecting over 50% sequential growth due to its IntentKey AI platform. The IntentKey and ValidClick contributed approximately 32% and 68% to total revenue, respectively. CEO Richard Howe indicated that IntentKey showed 15% year-over-year growth, while ValidClick was down 40%. Inuvo also reported $9.5 million in cash and positive net working capital of $7.1 million. Caution was noted regarding preliminary results, which are subject to change.

Inuvo, Inc. (NYSE: INUV), a leader in AI-driven marketing technology, will present at Lake Street’s 4th Annual Best Ideas Growth Conference on September 17, 2020. The event, held virtually, will facilitate one-on-one and group meetings with institutional investors throughout the day. This invitation-only conference will showcase approximately 90 public growth companies, allowing executives to connect with top investors across the country. Interested parties can request invitations or schedule meetings via email.

Inuvo, a leader in marketing technology, will present at the LD 500 Virtual Conference on September 2, 2020, at 11:40 a.m. PT / 2:40 p.m. ET. The conference runs from September 1-4, 2020, featuring public companies and influential business leaders. Chief Executive Officer Richard Howe will lead the presentation in Track 3. Interested attendees can register at this link. Inuvo uses its proprietary IntentKey technology to enhance online consumer engagement.

Inuvo, Inc. (NYSE AMERICAN: INUV) reported its Q2 and H1 2020 financial results, with net revenue of $7.6 million for Q2, down 46% year-over-year, and $22.5 million for H1, down 24%. The decline is attributed to COVID-19 affecting advertising budgets, particularly in the ValidClick Platform, which saw a 29% decrease in H1 revenue. However, IntentKey revenue grew 17% in H1 and gross margins improved to 80%. The net loss for Q2 was $1.4 million, improving 30% year-over-year, and adjusted EBITDA loss decreased to $140 thousand, down 84%.