Inuvo, Inc (AMEX:INUV) is set to announce second quarter earning results on Thursday 13th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, INUV to report 2Q20 loss of $ 0.04 per share.
For the full year, analysts anticipate top line of $ 52.03 million, while looking forward to loss of $ 0.12 per share bottom line.
Previous Quarter Performance
Inuvo, Inc posted loss for the first quarter of $ 0.05 per share, from the revenue of $ 14.93 million. The quarterly revenues down 19.21 percent compared with the same quarter last year. According to street consensus, INUV was expected to report 1Q20 loss of $ 0.04 per share from revenue of $ 12.31 million. The bottom line results missed street analysts by $ 0.01 or 25 percent, at the same time, top line results outshined analysts by $ 2.62 million or 21.28 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of INUV was $ 0.56, representing a 522.22 % increase from the 52 week low of $ 0.09 and a 49.55 % decrease over the 52 week high of $ 1.11.
The company has a market capital of $ 54.15 million and is part of the Consumer Cyclical sector and Marketing Services industry.
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Inuvo, Inc., together with its subsidiaries, a technology company, provides data-driven platforms that automatically identify and message online audiences across video, mobile, connected TV, display, and social and native devices, channels, and formats in the United States. The companys digital marketplace allows advertisers and publishers the opportunity to buy and sell advertising space in real time. Its products and services include ValidClick, a software as a service and delivery platform for publishers that offers a pay-per-click solution where advertisements are targeted to consumers based on content and behaviors; IntentKey, a consumer intent recognition system designed to reach targeted mobile and desktop in-market audiences; and Digital Publishing in branded Web properties in categories of health, finance, travel, entertainment, careers, education, lifestyle, and automotive.
