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 (RDVT) specializes in cloud-based identity intelligence and risk management solutions through its proprietary CORE platform. This news hub provides investors and professionals with verified updates about the company’s strategic initiatives and market position.
Access official press releases covering earnings reports, technology innovations, partnership announcements, and regulatory developments. Our curated collection helps stakeholders monitor RDVT’s advancements in data fusion, fraud detection systems, and compliance solutions across industries like financial services and real estate.
Bookmark this page for ongoing insights into Red Violet’s operational milestones, including product enhancements, leadership updates, and industry recognition. All content is sourced directly from company communications to ensure accuracy and timeliness.
Red Violet (NASDAQ: RDVT), an analytics and information solutions provider, has scheduled its first quarter 2025 financial results announcement for May 7, 2025 after U.S. market close. The company will host an earnings conference call the same day at 4:30pm ET to discuss Q1 results and provide a business update.
The earnings call will be accessible via webcast through the Investors section of Red Violet's website. Participants must register to receive unique dial-in credentials, as no general dial-in number will be provided. An archived version of the webcast will be available on the company's website following the call.
FOREWARN, a red violet company (NASDAQ: RDVT), has secured a contract with HiCentral MLS®, Hawaii's largest MLS, to provide identity verification services to over 6,000 real estate professionals across Oahu. The service will be offered at no additional cost to individual agents.
FOREWARN's platform, available online and via mobile app, analyzes billions of data points to help real estate agents verify client identities, check criminal histories, and validate information using only phone numbers. This technology enables agents to plan property showings with enhanced security and confidence.
The implementation serves HiCentral MLS®'s mission of providing members with essential safety resources, as stated by CEO Suzanne Young. Members will receive instructions for activating their included FOREWARN subscriptions.
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with the Little Rock REALTORS® Association (LRRA) to provide identity verification services to its 1,400+ real estate professional members. FOREWARN's platform will be offered at no additional cost to individual agents, analyzing billions of data points to verify identities, search criminal histories, and validate potential client information using just phone numbers.
The implementation aims to enhance agent safety in the Little Rock metropolitan area, allowing professionals to plan showings with greater confidence. The partnership holds particular significance as the community remembers Beverly Carter, whose tragic loss emphasizes the importance of agent safety measures. The platform provides real-time information solutions through both online and mobile applications, enabling agents to conduct business with improved security protocols.
FOREWARN, a red violet company (NASDAQ: RDVT), has secured a contract with Willamette Valley Multiple Listing Service (WVMLS), Oregon's second-largest MLS, to provide identity verification services to over 3,000 real estate professionals.
The service will be offered at no additional cost to WVMLS members, including those from Mid Valley Association of REALTORS®, Polk County Board of REALTORS®, and Willamette Association of REALTORS®. FOREWARN's technology analyzes billions of data points, allowing agents to verify identities, search criminal histories, and validate client information using only phone numbers.
This implementation aims to enhance agent safety and prevent fraud through real-time identity verification and risk assessment capabilities, available both online and through a mobile application.
Red Violet (NASDAQ: RDVT) has announced the appointment of Greg Strakosch to its Board of Directors, effective March 4, 2025. Strakosch brings extensive experience in scaling technology businesses, with expertise in capital markets, public company management, M&A, operations, and governance.
As founder and CEO of TechTarget (NASDAQ: TTGT) and former President of UCG's Technology Division, Strakosch has demonstrated success in growing companies from startup to significant scale. His background includes executive roles at EMC , where he contributed to the company's IPO and launched their first mainframe product.
The appointment aligns with Red Violet's strategy to strengthen its leadership team and enhance shareholder value in its analytics and information solutions business.
Red Violet (NASDAQ: RDVT) reported strong financial results for Q4 and full year 2024. Q4 revenue increased 30% to a record $19.6 million, with operating cash flow of $6.7 million. Full-year revenue grew 25% to $75.2 million.
Q4 highlights include gross margin improvement to 70%, net income of $0.9 million ($0.06 per share), and adjusted EBITDA growth of 68% to $4.5 million. The company added 183 new IDI customers, reaching 8,926 total, and grew FOREWARN users by 18,451 to 303,418.
Full-year performance showed gross profit increase of 33% to $51.8 million, net income of $7.0 million ($0.50 per diluted share), and adjusted EBITDA growth of 44% to $23.6 million. The company demonstrated shareholder focus through stock repurchases of 292,744 shares at $19.81 average price and announced a $0.30 per share special dividend.
FOREWARN, a red violet company (NASDAQ: RDVT), has secured a contract with the Denver Metro Association of REALTORS® (DMAR) to provide identity verification services to its 7,000+ real estate professional members. As the largest local REALTOR® Association in Colorado, DMAR will offer FOREWARN's services at no additional cost to individual agents.
FOREWARN's platform, available online and via mobile app, 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. This implementation aims to enhance agent safety and confidence during property showings.
Red Violet (NASDAQ: RDVT), an analytics and information solutions provider, has scheduled its fourth quarter and full year 2024 financial results announcement for February 27, 2025, after U.S. financial markets close. The company will host an earnings call at 4:30 PM ET on the same day to discuss quarterly and full-year results and provide a business update.
Participants must register to receive unique dial-in credentials, as no general dial-in number will be provided. The call will be simultaneously webcast on the Investors section of Red Violet's website, with login recommended 15 minutes before the start. An archived version of the webcast will be available afterward on the company's website.
FOREWARN, a red violet company (NASDAQ: RDVT), has secured a contract with the Greater Fort Worth Association of REALTORS® (GFWAR) to provide identity verification services to its 4,000+ real estate professional members. The service will be offered at no additional cost to individual agents.
FOREWARN's platform, available online and via mobile app, 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. This tool aims to enhance agent safety and confidence during property showings.
GFWAR CEO Suzanne Westrum emphasized the association's commitment to member protection and cited FOREWARN as the industry's leading proactive safety and fraud prevention tool. Existing GFWAR members will receive instructions for activating their included FOREWARN subscription.
FOREWARN, a red violet company (NASDAQ: RDVT), has secured a contract with the Greater Baltimore Board of REALTORS® (GBBR) to provide identity verification services to its 5,000+ real estate professional members. The GBBR, established in 1858 and the second-largest local REALTOR® Association in Maryland, will offer FOREWARN services at no additional cost to individual agents.
FOREWARN's platform, available online and via mobile app, 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. This technology enables agents to plan showings more safely and confidently.
