Fluent, Inc. (NASDAQ:FLNT) is reporting third quarter financial results on Thursday 29th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, FLNT is expected to report 3Q20 income of $ 0.01 per share from revenue of $ 71.38 million.
For the full year, analysts anticipate top line of $ 302.60 million, while looking forward to income of $ 0.04 per share bottom line.
Previous Quarter Performance
Fluent, Inc. announced income for the second quarter of $ 0.05 per share, from the revenue of $ 71.51 million. The quarterly earnings extended 400.00 percent compared with the same quarter last year. Wall street analysts are predicting revenue of $ 70.56 million The top line results outshined analysts by $ 0.95 million or 1.35 percent.
Stock Performance
Shares of Fluent, Inc. traded low $ -0.20 or -8.00 percent on Wednesday, reaching $ 2.30 with volume of 172.60 thousand shares. Fluent, Inc. has traded high as $ 2.45 and has cracked $ 2.28 on the downward trend
According to the previous trading day, closing price of $ 2.30, representing a 145.10 % increase from the 52 week low of $ 1.02 and a 35.9 % decrease over the 52 week high of $ 3.90.
The company has a market capital of $ 175.52 million and is part of the Consumer Cyclical sector and Marketing Services industry.
Fluent, Inc. provides data-driven digital marketing services primarily in the United States. The company also offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.
