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Issuer Direct Corporation (ISDR) provides specialized corporate communications and disclosure management solutions for public companies and financial institutions. This page serves as the definitive source for all official Issuer Direct news, including press releases, regulatory filings, and strategic updates.
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ACCESS Newswire Inc. (NYSE American: ACCS), formerly Issuer Direct , announced its corporate rebranding and new ticker symbol effective January 27, 2025. The company is launching three new fixed-fee subscription models: ACCESS IR, ACCESS PR, and All ACCESS, ranging from $1,000 to $2,500 monthly.
The rebranding unifies multiple brands (Accesswire.com, Newswire.com, and Pressrelease.com) under one banner. The company's 2025 technology roadmap includes AI engine deployment, Wikipedia-style business profiles, social marketing platform integration, and advanced tonality engine implementation.
Currently serving over 12,000 clients globally, ACCESS Newswire aims to become the third-largest newswire service by mid-2025. The transformation focuses on creating a unified communications platform with integrated storytelling, distribution, monitoring, and targeted outreach capabilities.
Issuer Direct (NYSE:ISDR) announced its corporate rebranding to ACCESS Newswire Inc., effective January 27, 2025, when it will begin trading under the new NYSE ticker symbol 'ACCS'. The rebranding initiative represents a strategic shift to create a comprehensive investor relations and public relations customer experience.
The company, which has operated since 2006 in corporate communications technology, is introducing a first-in-industry subscription model designed to transform traditional communications platforms. The rebrand consolidates the company's PR and IR offerings under a unified identity, featuring expanded services that combine press release distribution with monitoring, targeting, and outreach solutions.
The transition to ACCESS Newswire will begin on January 16, 2025, though the official name change takes effect January 27. The company's CUSIP will remain unchanged, and existing stockholders require no action regarding the name and ticker symbol change.
Issuer Direct (NYSE American:ISDR) reported Q3 2024 results showing mixed performance. Revenue decreased 8% to $7.0M from $7.6M in Q3 2023, while operating income declined to $156,000 from $593,000. The company reported a net loss of $(466,000) or $(0.12) per share, compared to net income of $273,000 in Q3 2023. Despite revenue decline, subscriptions increased 9% quarter-over-quarter to 1,121, driving annual recurring revenue up by nearly $1M. Cash flow from operations improved significantly to $1.5M from $0.3M in Q3 2023. The company's transition toward a recurring revenue communications model centered around Media Suite products is showing progress, though impacting short-term financial metrics.
Issuer Direct (NYSE American:ISDR) has scheduled its third quarter 2024 earnings conference call for November 7, 2024, at 4:30 PM Eastern Time. The company will host both a conference call and live webcast to discuss Q3 2024 results. Participants can join via phone using toll number 973-528-0011 or toll-free 888-506-0062 with access code 573758. A replay will be available approximately one hour after the event through both phone and web platforms.
Issuer Direct (NYSE American:ISDR) reported Q2 2024 results with total revenue of $7.7 million, a 20% decrease year-over-year but a 10% increase from Q1 2024. Communications revenue remained flat compared to Q2 2023 and increased 9% from Q1 2024. The company saw a 15% increase in core news distribution volumes from Q1 2024. Gross margin was 77% of revenue, slightly up from 76% in Q2 2023. Operating income decreased to $334,000 from $1,747,000 in Q2 2023. GAAP net income was $7,000 or $0.00 per diluted share. The company reported negative operating cash flows of $190,000 compared to positive $1,731,000 in Q2 2023. Adjusted EBITDA was $1,465,000 or 19% of revenue, down from $3,019,000 or 31% of revenue in Q2 2023.
Issuer Direct (NYSE American:ISDR), a leading communications company, has announced its upcoming second quarter 2024 earnings conference call and live webcast. The event is scheduled for August 8, 2024, at 4:30 pm Eastern Time. Participants can join the call by dialing 973-528-0002 (toll) or 877-545-0320 (toll-free) approximately 5 to 10 minutes before the start time, using access code 135556. A live webcast will also be available. For those unable to attend, a replay will be accessible about 1 hour after the event concludes, with dial-in numbers 919-882-2331 (toll) and 877-481-4010 (toll-free), using passcode 50909. The web replay and transcript will be available on the company's website.
Issuer Direct, an industry-leading communications company, announced the appointment of Wes Pollard and Joe Staples as new independent members of its Board of Directors, effective July 1, 2024. CEO Brian Balbirnie expressed confidence in their contributions to the company's strategic vision in PR and IR sectors. The board now includes Graeme P. Rein, Wes Pollard, Joe Staples, and Brian R. Balbirnie, with Pollard and Staples bringing extensive experience in finance and marketing, respectively. Pollard, CFO of Primeritus Financial Services, has a background in accounting and finance, while Staples, with 22 years as a senior marketing executive, specializes in SaaS and marketing technology. This restructuring aims to optimize business operations and maximize shareholder value.
Issuer Direct (NYSE American: ISDR) announced its sponsorship of the 37th Annual CIRI Conference, held from June 2-4, 2024, in Calgary, Canada. The conference, themed 'Innovation Unleashed: The Future of IR,' will provide Investor Relations professionals the opportunity to network and learn about the latest industry trends. Jennifer Hammers, EVP of Sales & Marketing, expressed excitement about rejoining the event to connect with clients and industry experts. Issuer Direct offers a range of services including newswire, IR websites, webcast solutions, event management software, and media monitoring.
Issuer Direct reported first-quarter revenue of $7.0 million, a 19% decrease from Q1 2023. The decrease was attributed to fewer press releases from news distribution customers. Despite the revenue decline, cash flow from operations increased to $1.0 million, and subscriptions grew to 1,043. The company remains confident in its products and team, focusing on acquiring new customers and innovating with partners to maximize value for shareholders.
Issuer Direct , listed as ISDR on NYSE American, will host a conference call and webcast on May 9, 2024, at 4:30 p.m. Eastern Time to discuss their first quarter 2024 results. Participants can join the call by dialing in or accessing the webcast. A replay will also be available post-event.
