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.
FOREWARN, a leading provider of real-time information solutions, has partnered with the Reno Sparks Association of REALTORS® (RSAR) to enhance agent safety by offering its services to over 2,900 members. The service, accessible online and via mobile app, analyzes extensive data to verify identities and mitigate risks during property showings. RSAR members can access these services at no extra cost, emphasizing the tool's significance in ensuring safe transactions in real estate. The announcement reflects the growing importance of safety in the industry.
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with the Upstate Alliance of REALTORS® (UPSTAR) to enhance agent safety for its 1,600+ members in Fort Wayne and Allen County. The FOREWARN services provide real-time risk mitigation tools, including identity verification and criminal history checks, accessible online and via mobile app, all at no extra cost to agents. This initiative aims to address safety concerns in the real estate industry by ensuring agents can confidently verify potential clients. Members received activation instructions on January 5, 2022.
FOREWARN, a leading provider of real-time information solutions for real estate agents, has secured a contract with the Daytona Beach Area Association of REALTORS® (DBAAR) to provide its services to over 2,200 REALTOR® members. This initiative aims to enhance agent safety by enabling risk mitigation through identity verification and criminal history checks via phone number. The service comes at no additional cost to DBAAR members. CEO Mark Dougherty emphasized the importance of the tool in helping agents proactively identify risks.
FOREWARN, a red violet company (NASDAQ: RDVT), has partnered with the Akron Cleveland Association of REALTORS® (ACAR) to offer its services to over 6,600 REALTOR® members. This initiative aims to enhance agent safety by enabling risk mitigation through identity verification and criminal history checks via a mobile application or online platform.
Members can access the service at no extra cost, reinforcing the association's commitment to member safety. Specific activation instructions were provided to members on December 1, 2021.
Red Violet, Inc. (NASDAQ: RDVT) announced the closure of a $21 million growth financing deal through the sale of 552,915 shares at $38.00 each, completing its registered direct offering. The proceeds will support market expansion in key sectors, including financial services and real estate, and other corporate purposes. After expenses, the net proceeds amount to approximately $20.9 million. CEO Derek Dubner highlighted the investment as recognition of the company's potential in identity resolution and plans to enhance data science capabilities and sales resources.
Red Violet, Inc. (NASDAQ: RDVT) reported record revenue of $11.7 million for Q3 2021, a 26% increase year over year. The net income reached $1.3 million, marking the company’s first quarter of GAAP profitability without one-time gains. Adjusted EBITDA rose 73% to $3.6 million, while gross profit increased 38% to $7.6 million. The company added over 170 new customers to idiCORE™ and 6,700 users to FOREWARN®, enhancing its market position. Cash and equivalents stood at $13.4 million as of September 30, 2021.
Red Violet, Inc. (NASDAQ: RDVT), a leader in analytics and information solutions, will participate in the Furey Research Partners Hidden Gems Conference on November 18, 2021. CEO Derek Dubner and CFO Daniel MacLachlan will present virtually at 1:45 p.m. ET, with additional one-on-one meetings available for clients of Furey Research Partners. This event showcases carefully selected companies to institutional small cap fund managers. Red Violet specializes in identity intelligence technology that supports risk mitigation, fraud prevention, and regulatory compliance.
Red Violet, Inc. (NASDAQ: RDVT) will participate in the RBC Capital Markets Technology, Internet, Media and Telecommunications Conference on November 16, 2021. CEO Derek Dubner and CFO Daniel MacLachlan will host virtual 1-on-1 meetings during the event.
Red Violet specializes in analytics and identity intelligence solutions. Their CORE™ platform transforms data into insightful intelligence, aiding businesses in risk mitigation, fraud detection, and customer acquisition.
Red Violet, Inc. (NASDAQ: RDVT) announced it will report its third-quarter financial results for the period ending September 30, 2021, after market close on November 9, 2021. A conference call will take place on the same day at 4:30 PM ET to discuss these results and provide a business update. Investors can access the call via phone or through a webcast on the company’s website. The company specializes in analytics and information solutions, delivering identity intelligence powered by its CORE™ platform.
Red Violet (NASDAQ: RDVT) announced a contract with Greater Chattanooga REALTORS® to provide FOREWARN services for over 2,400 REALTOR® members, enhancing agent safety in southeast Tennessee and northwest Georgia. FOREWARN offers real-time identity verification, criminal history checks, and client information validation via phone number. This service is accessible to members at no extra cost, equipping agents with a critical tool for safe real estate engagements.
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