Inuvo, Inc (AMEX:INUV) is reporting third quarter earnings results on Tuesday 10th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.02 per share.
For the full year, analysts predict revenues of $ 44.74 million, while looking forward to loss of $ 0.1 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 9.20 million ~ $ 9.20 million
Click Here For More Historical Outlooks Of Inuvo, Inc
Previous Quarter Performance
Inuvo, Inc came out with loss for the second quarter of $ 0.02 per share, from the revenue of $ 7.59 million. The quarterly revenues fell 44.96 percent compared with the same quarter last year. Street analysts expected Inuvo, Inc to report loss of $ 0.02 per share on revenue of $ 12.15 million for the second quarter. The top line results fell short of analysts by $ 4.56 million or 37.53 percent.
Stock Performance
Shares of Inuvo, Inc traded low $ -0.01 or -2.80 percent on Monday, reaching $ 0.42 with volume of 3.41 million shares. Inuvo, Inc has traded high as $ 0.45 and has cracked $ 0.41 on the downward trend
According to the previous trading day, closing price of $ 0.42, representing a 377.78 % increase from the 52 week low of $ 0.09 and a 61.26 % decrease over the 52 week high of $ 1.11.
The company has a market capital of $ 40.68 million and is part of the Consumer Cyclical sector and Marketing Services industry.
Recent Analyst recommendations
- On 12th October 2020, maintained by Roth Capital at Buy rating, with $ 0.50 target price.
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.
