Welcome to our dedicated page for Fluent news (Ticker: FLNT), a resource for investors and traders seeking the latest updates and insights on Fluent stock.
Fluent, Inc. (NASDAQ: FLNT) is a data-driven digital marketing services company that stands as the trusted acquisition partner for both established and growing brands. Leveraging a proprietary first-party data asset, Fluent creates marketing programs that deliver better digital advertising experiences for consumers and measurable results for advertisers. Founded in 2010 and headquartered in New York City, Fluent connects its advertiser clients with the right consumers through digital marketing campaigns. The company's performance marketing solutions span industries such as Financial Products & Services, Media & Entertainment, Health & Wellness, Staffing & Recruitment, and Retail & Consumer.
Fluent operates a diverse digital media portfolio, employing advanced data science and a privacy-forward approach to enable advertisers to reach a wide audience of engaged and high-intent consumers through exclusive inventory. With proprietary optimization technology, Fluent's solutions are crafted to promote business growth and foster strong customer loyalty.
Recently, Fluent has been investing in higher quality consumer engagements designed to solidify its position as an industry leader in performance marketing. Their focus in 2024 includes expanding new syndicated performance marketplaces while strengthening their owned and operated platforms. This strategy aims to provide more effective customer acquisition solutions, making Fluent a more sustainable business for its stakeholders.
Financially, Fluent reported expected sequential quarterly growth for the fourth quarter of 2023, reflecting stability in their marketplaces. Furthermore, the company has been engaged in negotiations for a new senior secured credit facility to enhance its capital and liquidity needs. This ongoing effort underscores Fluent’s commitment to maintaining its financial health and operational stability.
Latest News:
- Fluent reported results for the expected fourth quarter and fiscal year ended December 31, 2023.
- The company is investing in expanding its performance marketplaces.
- Fluent entered a non-binding term sheet with a prospective lender for a new senior secured credit facility.
- Fluent will implement a reverse stock split, effective April 12, 2024, to regain compliance with NASDAQ’s requirements.
Fluent, Inc. (NASDAQ: FLNT) reported Q2 2022 revenue of $98.4 million, a 34% increase from the previous year. Gross profit reached $28.3 million, up 69%, representing 29% of revenue. Despite these gains, the company faced a net loss of $56.9 million, or $0.70 per share, largely due to a non-cash impairment charge of $55.4 million on goodwill. Media margin saw a notable increase of 60% to $32.3 million, contributing 32.8% of revenue. Adjusted EBITDA was $9.4 million, indicating 9.6% of revenue.
Fluent, Inc. (NASDAQ: FLNT) will participate in the Canaccord Genuity 42nd Annual Growth Conference on August 10, 2022. The event will feature CEO Don Patrick, Chief Strategy Officer Ryan Schulke, and CFO Sugandha Khandelwal, scheduled to present at 10:30 AM Eastern time. Presentations will be broadcast live and available for replay for 14 days via the conference portal. Fluent, a data-driven performance marketing company founded in 2010, specializes in delivering outcome-based solutions for marketers. For more details, visit www.fluentco.com.
Fluent, Inc. (NASDAQ: FLNT), a top performance marketing firm, will announce its Q2 2022 financial results on August 9, 2022, after U.S. markets close. A conference call will occur on the same day at 4:30 PM ET to discuss results and provide updates. Interested parties can access the call via phone or webcast. Fluent specializes in data-driven marketing and aims to deliver effective solutions for brands using its consumer database and technology.
Fluent, Inc. (NASDAQ: FLNT) announced its 2022 Annual Meeting of Shareholders scheduled for June 8, 2022, at 11 a.m. EST. This meeting will be held in a virtual-only format, accessible through virtualshareholdermeeting.com/FLNT2022. Shareholders of record by May 6, 2022, can participate using their control number. A webcast replay will be available approximately 24 hours post-meeting.
Fluent, Inc. (NASDAQ: FLNT), a leading performance marketing company, will participate in the 17th Annual Needham Technology & Media Conference on May 19, 2022. The presentation will feature CEO Don Patrick, Chief Strategy Officer Ryan Schulke, and CFO Sugandha Khandelwal, commencing at approximately 11:45 AM Eastern Time. Interested investors can listen to the live broadcast via the company's Investors page. A replay will be available until May 19, 2023. Founded in 2010 and headquartered in New York, Fluent specializes in data-driven marketing solutions.
Fluent, Inc. (NASDAQ: FLNT) reported Q1 2022 revenue of $89.1 million, a 27% increase from Q1 2021. The company posted a net loss of $2.0 million, or $0.02 per share, an improvement from a loss of $6.3 million in the same period last year. Gross profit rose 12% to $21.5 million, representing 24.1% of revenue. Media margin increased 4% to $26.0 million, while adjusted EBITDA was $4.8 million, equating to 5.3% of revenue. The company is optimistic about future growth driven by strategic client relationships and enhanced consumer experiences.
Fluent, Inc. (NASDAQ: FLNT) will report its Q1 2022 financial results after the U.S. market close on May 9, 2022. A conference call to discuss the results and provide a business update will take place at 4:30 PM ET on the same day. This session will be accessible via a web broadcast on Fluent's website. Fluent is a performance marketing company that leverages data and technology to enhance outcomes for marketers.
Fluent, Inc. (NASDAQ: FLNT) appoints Melanie Murphy as Chief Analytics Officer, a newly created position aimed at enhancing the company's first-party data capabilities and analytics strategies. This strategic move aims to bolster competitive advantages and improve marketing performance for clients. Since joining Fluent in 2019, Murphy has played a crucial role in developing their data and machine learning initiatives. As a leader in analytics, she has significantly impacted consumer engagement and marketing ROI. Fluent continues to focus on growth through its proprietary technology platform.
Fluent, Inc. (NASDAQ: FLNT) has partnered with Cadent, a leading platform for advanced TV advertising, to enhance audience targeting across linear, CTV, and OTT channels. This collaboration enables marketers to utilize Fluent's first-party, self-reported data to effectively reach audiences in critical categories like health and finance. The partnership aims to provide privacy-compliant solutions for advertisers, particularly benefiting pharmaceutical companies as they explore new marketing avenues. Cadent's Aperture Platform will facilitate the automation of advanced TV advertising, expanding Fluent's audience capabilities.
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