Welcome to our dedicated page for Red Violet news (Ticker: RDVT), a resource for investors and traders seeking the latest updates and insights on Red Violet stock.
Red Violet, Inc. (NASDAQ: RDVT) is an analytics and information solutions provider that focuses on delivering identity intelligence through proprietary technologies and data analytics. Its press releases describe how the company’s intelligent platform, CORE™, and related solutions support identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition.
This news page aggregates announcements and updates about Red Violet and its subsidiaries, including FOREWARN, LLC, which is identified as a Red Violet company. Readers can find coverage of quarterly financial results, conference call transcripts referenced in Form 8-K filings, and details on stock repurchase program authorizations. The company’s communications also highlight participation in investor conferences such as the Needham Growth Conference, the Raymond James TMT and Consumer Conference, and the Southwest IDEAS Investor Conference.
A significant portion of Red Violet’s news flow relates to FOREWARN®, a real-time information service for real estate agents. Press releases describe agreements with REALTOR® associations in multiple states to provide FOREWARN as a member benefit at no additional cost to individual agents. These announcements explain how FOREWARN analyzes billions of data points and allows agents to verify identity, search for criminal histories, and validate information provided by potential clients using just a phone number, with the stated goal of promoting proactive agent safety.
Investors and industry observers can use this page to follow Red Violet’s financial disclosures, business developments, product adoption metrics for FOREWARN, and external recognitions such as inclusion in TIME’s “America’s Growth Leaders of 2026” list. Regularly reviewing these updates can help readers understand how the company reports its performance, expands its relationships with real estate organizations, and positions its identity intelligence solutions in the market.
Red Violet, Inc. (NASDAQ: RDVT) will report its financial results for the first quarter ending March 31, 2023, after the U.S. markets close on May 9, 2023. The company will host an earnings call at 4:30 PM ET on the same day to discuss the results and provide a business update. Participants must register to receive unique dial-in credentials. The earnings call will be available via webcast on the company's investor website. Red Violet specializes in analytics and information solutions, focusing on identity intelligence and real-time data capabilities, enabling organizations to enhance risk mitigation and fraud detection. For details, visit their official website.
Florida-based Association contracts with FOREWARN to provide services for over 2,200 real estate professionals, enhancing agent safety.
On April 14, 2023, FOREWARN, LLC (NASDAQ: RDVT), a leader in real-time information solutions, announced a partnership with the Tallahassee Board of REALTORS® (TBR). This contract ensures that TBR members gain access to FOREWARN's services at no extra cost, allowing them to verify identities, check criminal histories, and validate client information using just a phone number.
TBR's CEO, Steven Louchheim, expressed enthusiasm for the collaboration, highlighting the significant safety benefits for agents. Instructions for activating the FOREWARN subscription will be provided to current TBR members. For more details, visit www.forewarn.com.
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with the Greater Alabama MLS to provide its safety services to over 6,500 real estate professionals in Alabama. This initiative aims to enhance agent safety through real-time identity verification and risk mitigation.
The FOREWARN services, accessible online and via mobile app, allow agents to verify identities and search criminal histories using just a phone number, promoting safer planning for property showings. Members can access these services at no additional cost.
CEO Amanda Creel emphasized the significance of this announcement for members, highlighting the powerful capabilities of FOREWARN in improving safety and verification processes.
FOREWARN, LLC (NASDAQ: RDVT) has partnered with the San Antonio Board of REALTORS to provide its FOREWARN safety services to over 13,000 members.
This service offers real-time data analysis for real estate agents, enhancing agent safety by verifying identities and checking criminal histories using just a phone number. The service is available at no extra cost to SABOR members, allowing them to plan showings with improved confidence.
Gilbert Gonzalez, CEO of SABOR, emphasized the importance of agent safety and expressed enthusiasm for the new partnership.
Red Violet, Inc. (NASDAQ: RDVT) reported a 16% increase in fourth quarter revenue, reaching $13.1 million, and a 21% increase for the full year, totaling $53.3 million. The company generated a net income of $0.6 million in 2022. Key highlights include a 123% rise in cash flow from operations to $4.4 million and a 25% increase in gross profit to $34.7 million. The platform revenue grew significantly, while services revenue declined. The company added 148 customers and expanded its user base for its FOREWARN® solution. Cash and cash equivalents stood at $31.8 million as of year-end.
Red Violet (NASDAQ: RDVT) announced that South Carolina REALTORS® (SCR) has contracted to provide FOREWARN services to over 29,000 members across the state, enhancing real estate agent safety.
FOREWARN utilizes extensive data analysis to assist agents in verifying identities, searching criminal histories, and validating client information, all from a phone number. The service will be available at no additional cost to SCR members, promoting a safer working environment. As stated by SCR President Rob Woodul, this initiative aims to equip agents with essential tools for mitigating risks during property showings.
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