Inuvo Stock Price, News & Analysis

Inuvo, Inc. reported a strong financial performance for the fourth quarter and full year 2021, achieving $19.7 million in revenue, marking a 53% year-over-year increase. Total net revenue for 2021 reached $59.8 million, up 34% from 2020, driven by substantial growth in the IntentKey and ValidClick platforms. However, the cost of revenue surged to $15.9 million, a 92% increase, impacting gross profit margins, which fell to 73.4% from 81.4%. The company reported a net loss of $7.6 million for the year but achieved an adjusted EBITDA of $466,000 in Q4.

Inuvo, Inc. (NYSE American: INUV) was honored as Business of the Year at the 34th Arkansas Business of the Year Awards. This recognition, awarded by Arkansas Business Publishing Group, highlights the innovation and entrepreneurial spirit within the state. Inuvo, serving 56-100 employees, was selected by an independent panel of judges. CEO Rich Howe credited the company's success to its unique IntentKey AI technology, which redefines advertising by focusing on why consumers are interested in products rather than who they are. The award reflects Inuvo's commitment to leveraging local economic development initiatives.

Inuvo, Inc. (NYSE American: INUV) has partnered with Halo collar, a developer of advanced IoT dog safety technology, aimed at promoting the go-anywhere wireless fence for pets. Halo collar integrates AI-driven media solutions from Inuvo, enhancing its marketing capabilities without using consumer data, aligning with privacy standards. The collaboration utilizes IntentKey, which adapts to market changes, optimizing advertising strategies. Halo collar protects over 50,000 dogs daily and is expanding into new markets. Inuvo’s technology stands out in its ability to offer insights and competitive advantages.

Inuvo, a leading AI-driven marketing technology company, announced that CEO Richard Howe will present at the Maxim Group 2022 Virtual Growth Conference from March 28 to 30. The conference aims to showcase growth opportunities in the market. Interested participants can register for the event through the provided link. A webcast of Howe's presentation will be accessible throughout the conference. Inuvo is known for its IntentKey AI technology, which analyzes consumer interests to optimize advertising strategies.

Inuvo, Inc. (NYSE American: INUV) will host a conference call on March 17, 2022, at 4:30 p.m. ET to discuss its financial results for the fourth quarter and full year ended December 31, 2021. The call aims to provide a comprehensive business update. Interested participants can join by dialing the toll-free number 1-800-289-0438 or the international number 1-323-794-2423, using conference ID 7249642. A replay will be available until March 31, 2022.

Inuvo, Inc. (NYSE American: INUV) reported preliminary unaudited revenue of approximately $19.7 million for Q4 2022, marking a 53% year-over-year increase and a 17% sequential rise compared to Q3 2021. Revenue from IntentKey and ValidClick is expected to increase by 121% and 26% respectively compared to the prior year quarter. CEO Rich Howe noted strong growth in the advertising sector, particularly as the industry shifts away from consumer data usage. However, the preliminary data has not been audited, and actual results may vary significantly.

Inuvo, a provider of AI-driven marketing technology, announced that CEO Richard Howe and CFO Wallace Ruiz will present at key investor conferences in February 2022. The conferences include the Alliance Global Partners Emerging Growth Technology Conference on February 2, featuring one-on-one virtual meetings, and the Aegis Virtual Conference on February 25 at 4:00 p.m. ET. Inuvo's patented IntentKey AI technology focuses on understanding consumer interests rather than identities, enhancing advertising effectiveness. For details, visit www.inuvo.com.

Inuvo, Inc. (NYSE American: INUV) reported robust financial results for Q3 2021, showcasing an 83% year-over-year revenue growth to $16.8 million. The first nine months saw revenue increase by 26.3% to $40.1 million. Key drivers included a 71% increase in IntentKey revenue and 88% growth in ValidClick revenue. Despite a net loss of $1.8 million for Q3, Adjusted EBITDA turned positive in September. The company holds $14.6 million in cash and has no debt, indicating strong liquidity as it anticipates continued growth into Q4.

Inuvo, Inc. (NYSE American: INUV) will host a conference call on November 11, 2021, at 4:15 p.m. ET to discuss its Q3 financial results for the period ending September 30, 2021. The call will provide updates on the company's marketing technology powered by AI. Interested participants can join via toll-free and international dial-in numbers, and the conference ID is 2532390. A replay will be available until November 25, 2021.