Red Violet Inc Stock Price, News & Analysis

Red Violet (NASDAQ: RDVT), an analytics and information solutions provider, reported strong Q2 2025 financial results with revenue increasing 14% to $21.8 million. The company achieved notable metrics including an 18% increase in gross profit to $15.7 million and a 2% rise in net income to $2.7 million.

Operational highlights include the addition of 308 new IDI™ customers, bringing the total to 9,549, and 21,335 new FOREWARN® users, reaching 346,671 users total. The company demonstrated strong customer acquisition across revenue cohorts and now serves over 575 REALTOR® Associations. Cash flow from operations reached a record $7.5 million, with cash and equivalents standing at $38.8 million.

Red Violet (NASDAQ: RDVT), an analytics and information solutions provider, has scheduled its Q2 2025 earnings release for August 6, 2025 after market close. The company will host an earnings conference call the same day at 4:30 PM ET to discuss quarterly results and provide a business update.

Participants must pre-register to receive unique dial-in credentials, as no general dial-in number will be provided. The call will be webcast live on the Investors section of Red Violet's website, with an archived version available after the event.

FOREWARN, LLC, a red violet company (NASDAQ: RDVT), has announced a significant partnership with MIBOR REALTOR® Association to provide identity verification services to approximately 10,000 real estate professionals in central Indiana. The service will be offered at no additional cost to individual agents.

FOREWARN's platform analyzes billions of data points to help real estate agents verify identities, search criminal histories, and validate potential client information using just a phone number. The service will be available to MIBOR members throughout Indianapolis and 14 surrounding counties, enabling them to plan property showings with greater confidence and security.

FOREWARN, LLC, a red violet company (NASDAQ: RDVT), has partnered with Mid Jersey Association of REALTORS® (MJAR) to provide identity verification services to its 6,800+ real estate professional members. FOREWARN's platform, accessible via web and mobile app, analyzes billions of data points to help agents verify identities, check criminal histories, and validate client information using just phone numbers. This service will be offered to MJAR members at no additional cost, enabling them to conduct safer property showings and reduce potential risks. The platform serves as a proactive safety measure for real estate professionals who often interact with unfamiliar individuals in unpredictable settings.

Red Violet (NASDAQ: RDVT), an analytics and information solutions provider, announced its participation in the upcoming East Coast IDEAS Investor Conference. The event will take place on June 11-12, 2025, in New York. Camilo Ramirez, Senior Vice President of Finance and Investor Relations, will represent the company by delivering a presentation and conducting investor meetings on June 11, 2025.

Red Violet (NASDAQ: RDVT), an analytics and information solutions provider, has announced its participation in the 25th Annual B. Riley Securities Investor Conference. The event will take place on May 21-22, 2025, at The Ritz-Carlton, Marina del Ray. CEO Derek Dubner and CFO Daniel MacLachlan will represent the company, delivering presentations and conducting investor meetings on May 21, 2025.

FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with NEXUS Association of REALTORS® to provide identity verification services to over 5,000 real estate professionals across Burlington, Camden, and Ocean counties in New Jersey. The FOREWARN platform, available online and via mobile app, analyzes billions of data points to help agents verify identities, check criminal histories, and validate client information using only phone numbers.

The service will be provided to NEXUS members at no additional cost, enabling them to plan property showings more safely and confidently. The platform's implementation aligns with NEXUS's priority of ensuring member safety and security in their daily operations.

Red Violet (NASDAQ: RDVT) reported strong financial results for Q1 2025, with revenue increasing 26% to a record $22.0 million. The analytics and information solutions provider achieved significant growth across key metrics, including a 93% increase in net income to $3.4 million, resulting in diluted EPS of $0.24. Gross profit rose 37% to $15.8 million, with gross margin expanding to 72%.

The company added 315 customers to IDI™, reaching 9,241 customers, and grew FOREWARN® users by 21,918 to 325,336 users. Notable achievements include partnerships with over 545 REALTOR® Associations. Red Violet also distributed a special cash dividend of $0.30 per share, totaling $4.2 million, paid on February 14, 2025.

Red Violet (NASDAQ: RDVT), an analytics and information solutions provider, announced its participation in the upcoming 20th Annual Needham Technology, Media, & Consumer Conference. The event will take place from May 8-13, 2025. CEO Derek Dubner and CFO Daniel MacLachlan will conduct virtual investor meetings on May 12, 2025.