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Fluent (FLNT) Shows Fast-paced Momentum But Is Still a Bargain Stock
zacks.com· 2024-05-17 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...
Fluent(FLNT) - 2024 Q1 - Earnings Call Transcript
2024-05-16 02:15
Fluent, Inc. (NASDAQ:FLNT) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Don Patrick - Chief Executive Officer Ryan Perfit - Interim Chief Financial Officer Conference Call Participants Maria Ripps - Canaccord Jim Goss - Barrington Research Bill Dezellem - Tieton Capital Management Operator Good afternoon and welcome. Thank you for joining us to discuss our First Quarter 2024 Earnings Results. With me today, are Fluent's CEO, Don Patrick; Interim CFO, Ryan Perfit and Chief St ...
Fluent(FLNT) - 2024 Q1 - Quarterly Report
2024-05-15 20:50
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37893 FLUENT, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of inco ...
Fluent(FLNT) - 2024 Q1 - Quarterly Results
2024-05-15 20:18
Exhibit 99.1 Fluent Announces First Quarter 2024 Financial Results New York, NY – May 15, 2024 – Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, today reported financial results for the first quarter ended March 31, 2024. Mr. Patrick continued, "We continue to invest in our new performance marketplaces while strengthening our owned and operated business in line with the evolving industry landscape. The $10 million equity investment in Fluent from investors including our fou ...
Fluent, Inc. to Announce 2024 First Quarter Financial Results on May 15, 2024
Newsfilter· 2024-05-09 17:19
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ:FLNT) announced today that it will report its financial results for the First Quarter 2024 after the close of the U.S. financial markets on May 15, 2024. Fluent will host a conference call at 4:30 pm ET on the same day to discuss the results. The conference call can be accessed by phone after registering online at Fluent Conference Call or via audio at Audio Registration. The call will also be webcast simultaneously on the Fluent website on the ...
Fluent, Inc. to Announce 2024 First Quarter Financial Results on May 15, 2024
GlobeNewsWire· 2024-05-09 17:19
NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ: FLNT) announced today that it will report its financial results for the First Quarter 2024 after the close of the U.S. financial markets on May 15, 2024. Fluent will host a conference call at 4:30 pm ET on the same day to discuss the results. The conference call can be accessed by phone after registering online at Fluent Conference Call or via audio at Audio Registration. The call will also be webcast simultaneously on the Fluent website on th ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Fluent (FLNT)
Zacks Investment Research· 2024-05-01 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
Fluent Announces Reverse Stock Split
Newsfilter· 2024-04-10 12:00
NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Fluent, Inc. (NASDAQ:FLNT), a leading data-driven performance marketing company, today announced that it will effect a 1-for-6 reverse split of the issued shares of its common stock, effective at 6:00 p.m. Eastern Time on April 11, 2024. The Company's common stock will begin trading on a reverse stock split-adjusted basis at the opening of the market on Friday, April 12, 2024. Following the reverse stock split, the Company's common stock will continue to trade on ...
Influencer Media Group Infuse Follows Up on Stellar 2023 Growth with New Partnership, Podcast Launch, and Influencer Events
Newsfilter· 2024-04-03 13:00
NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Following an extraordinary year of growth for Fluent's influencer network Infuse, the brand is proudly announcing a strategic partnership with influencer agency THIS Group Inc. This partnership underscores Infuse's commitment to fostering influencer talent and maximizing their potential in the dynamic landscape of influencer marketing. As a Fluent brand, Infuse opens up numerous integrated marketing opportunities for influencers through Fluent's fifteen-year trac ...
Fluent Announces Fourth Quarter and Full-Year 2023 Financial Results
Newsfilter· 2024-04-02 21:32
Revenue of $72.8 million for Q4 2023 and $298.4 million for FY 2023Net loss of $1.9 million for Q4 2023 and $63.2 million for FY 2023Gross profit (exclusive of depreciation and amortization) of $20.8 million for Q4 2023 and $78.5 million for FY 2023Media margin of $24.1 million for Q4 2023 and $91.3 million for FY 2023Adjusted EBITDA of $2.5 million for Q4 2023 and $6.8 million for FY 2023Adjusted net loss of $0.4 million for Q4 2023 and $7.2 million for FY 2023   NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) - ...