New Jersey-based Association contracts to make FOREWARN services available for its 5,000+ real estate professional members to promote proactive agent safetyBOCA RATON, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that NEXUS Association of REALTORS® (“NEXUS”) will offer FOREWARN® services to its 5,000+ members it serves throughout Burlington, Camden, and Ocean count ...

Red Violet, Inc. (RDVT) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 43.48%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.09, delivering no surprise. Over the last four quarters, the company has su ...

Red Violet (RDVT) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Camilo Ramirez - Senior Vice President, Finance & Investor RelationsDerek Dubner - Chairman & CEODan MacLachlan - Chief Financial Officer Conference Call Participants Josh Nichols - Senior Research Analyst Operator Good day, ladies and gentlemen, and welcome to Red Violet's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Later, we will conduct a question ...

Red Violet (RDVT) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Good day, ladies and gentlemen, and welcome to Red Violet's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session, and instructions will follow at that time. As a reminder, this call is being recorded. I would now like to introduce your host for today's conference, Camilo Ramirez, Senior Vice President, Finance and Inves ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Co ...

Core Insights - Red Violet, Inc. reported a record revenue increase of 26% to $22.0 million for the first quarter of 2025 compared to the same period in 2024, with a GAAP EPS of $0.24 [1][5][12] Financial Performance - Gross profit rose by 37% to $15.8 million, with gross margin improving to 72% from 66% [5][12] - Adjusted gross profit increased by 33% to $18.3 million, and adjusted gross margin rose to 83% from 79% [5][12] - Net income surged by 93% to $3.4 million, resulting in earnings of $0.25 and $0.24 per basic and diluted share, respectively [5][12] - Adjusted EBITDA grew by 47% to $8.4 million, with adjusted EBITDA margin increasing to 38% from 32% [5][12] - Adjusted net income increased by 53% to $4.8 million, leading to adjusted earnings of $0.35 and $0.33 per basic and diluted share, respectively [5][12] Cash Flow and Dividends - Net cash provided by operating activities rose by 16% to $5.0 million [5][14] - Cash and cash equivalents stood at $34.6 million as of March 31, 2025 [5][14] - The company paid a special cash dividend of $0.30 per share, totaling $4.2 million, to shareholders of record as of January 31, 2025 [5][12] Customer Metrics - The company added 315 customers to its IDI platform, ending the quarter with 9,241 customers [5][12] - FOREWARN saw an addition of 21,918 users, bringing the total to 325,336 users, with over 545 REALTOR Associations contracted to use the service [5][12] Business Model and Strategy - Red Violet focuses on proprietary technologies and analytical capabilities to deliver identity intelligence, enabling real-time identification and location of people, businesses, and assets [4][5] - The company's solutions are utilized for identity verification, risk mitigation, fraud detection, and regulatory compliance, among other applications [4][5]

BOCA RATON, Fla., May 05, 2025 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the 20th Annual Needham Technology, Media, & Consumer Conference being held May 8-13, 2025. Derek Dubner, Chief Executive Officer, and Daniel MacLachlan, Chief Financial Officer, will virtually host investor meetings on May 12, 2025. About red violet®At red violet, we build proprietary technologies and apply analytical capabil ...

BOCA RATON, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ:RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that HiCentral MLS® will offer FOREWARN® services to its 6,000+ members in the Honolulu Board of REALTORS® and throughout the island of Oahu to promote proactive real estate agent safety. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with ...

BOCA RATON, Fla., April 04, 2025 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ:RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Little Rock REALTORS® Association ("LRRA") will offer FOREWARN® services to its 1,400+ members it serves throughout the Little Rock metropolitan area to promote proactive real estate agent safety. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provi ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...