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Red Violet Inc - RDVT STOCK NEWS

Welcome to our dedicated news page for Red Violet (Ticker: RDVT), a resource for investors and traders seeking the latest updates and insights on Red Violet.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Red Violet's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Red Violet's position in the market.

Rhea-AI Summary
Red Violet, Inc. (NASDAQ: RDVT) is set to announce its first quarter 2024 financial results on May 8, 2024. The company will host an earnings call to discuss the quarterly results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
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Rhea-AI Summary
FOREWARN, a red violet company (NASDAQ: RDVT), partners with Austin Board of REALTORS® to offer real-time safety services to 16,000+ real estate professionals in Texas. The services include identity verification, criminal history search, and client information validation, enhancing agent safety and confidence.
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Rhea-AI Summary
Red Violet, Inc. (RDVT) announced impressive financial results for Q4 and full year 2023 with a 15% increase in Q4 revenue to $15.1 million and a 13% increase in full year revenue to $60.2 million. The company generated $4.2 million cash flow from operations in Q4 and $13.5 million net income for the full year. The CEO highlighted record-breaking performance in various metrics driven by their AI/ML-powered platform and core identity graph. Key financial highlights include adjusted EBITDA increasing by 76% in Q4 and 27% for the full year, and adjusted net income increasing by 157% in Q4 and 17% for the full year. The company also added customers, users, and key personnel, showcasing growth initiatives. The Board authorized an additional $5.0 million stock repurchase program. Overall, red violet is focused on accelerating business growth and delivering value to customers and shareholders in 2024 and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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Rhea-AI Summary
Red Violet, Inc. (NASDAQ: RDVT) appoints Jonathan McDonald as Executive Vice President, Public Sector, to enhance government agency solutions. McDonald brings over two decades of experience in the public sector, strengthening red violet's position in the market segment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
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management
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Rhea-AI Summary
Red Violet, Inc. (NASDAQ: RDVT) will report its Q4 and full-year 2023 financial results on March 7, 2024. The earnings call will discuss the results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
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Rhea-AI Summary
FOREWARN, a subsidiary of red violet company (NASDAQ: RDVT), partners with MLS United, LLC to provide real-time information solutions for real estate professionals in Mississippi, enhancing agent safety by analyzing billions of data points and verifying identity, searching for criminal histories, and validating information provided by potential clients. The collaboration will extend FOREWARN® services to over 6,200+ MLS United customers at no additional cost to individual agents, allowing them to work safely and guard against potential fraud.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.43%
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Rhea-AI Summary
Red Violet, a leading analytics and information solutions provider, announced the appointment of Bill Livek to the Board of Directors, effective January 5, 2024. Derek Dubner, red violet’s Chairman and CEO, expressed excitement about Livek's expertise and the benefits it will bring during the company's expansion. Livek, currently the Vice Chairman of comScore, Inc., brings decades of experience in building platform-driven solutions and leading global media measurement and analytics companies. He has also held various executive positions at Rentrak and Experian Information Solutions, Inc. Livek's appointment signifies red violet's commitment to leveraging his expertise to tap into new markets and use cases, given the company's differentiated technology platform and unified data.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
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management
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Rhea-AI Summary
Red Violet, Inc. (NASDAQ: RDVT) authorizes an additional $5.0 million share repurchase program, reflecting confidence in the business and commitment to delivering shareholder value. The company has repurchased $4.5 million of its common stock since May 2022, with plans for continued investment in innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.87%
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buyback
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Red Violet, Inc. (NASDAQ: RDVT) Reports Record Revenue of $15.8 Million and Record EPS of $0.87 for Q3 2023
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Rhea-AI Sentiment
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-1.71%
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Rhea-AI Summary
Red Violet, Inc. (NASDAQ: RDVT) will participate in the Southwest IDEAS Investor Conference in Dallas on November 15, 2023. Camilo Ramirez, Vice President, Finance and Investor Relations, will host investor meetings.
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Rhea-AI Sentiment
End-of-Day
1.78%
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conferences
Red Violet Inc

Nasdaq:RDVT

RDVT Rankings

RDVT Stock Data

256.84M
8.22M
25.69%
55.86%
5.17%
Software Publishers
Information
Link
US
Boca Raton

About RDVT

at red violet, we believe that time is your most valuable asset. through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most – running their organizations with confidence. through leading-edge, proprietary technology and a massive data repository, our data and analytical solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. we empower clients across markets and industries to better execute all aspects of their business, from managing risk, conducting investigations, identifying fraud and abuse, and collecting debts. at red violet, we are dedicated to making the world a safer place and reducing the cost of doing business. our brands: www.ididata.com www.forewarn.com