While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

1 Exhibit 99.1 red violet Announces Third Quarter 2024 Financial Results Revenue Increases 20% to a Record $19.1 Million Producing a Record $7.2 Million of Cash Flow from Operations BOCA RATON, Fla. – November 6, 2024 – Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced financial results for the quarter ended September 30, 2024. "We are thrilled to report a record-breaking quarter for revenue, gross profit, and cash flow, which underscores the strength o ...

Red Violet, Inc. (NASDAQ:RDVT) Q3 2024 Earnings Conference Call November 6, 2024 4:30 PM ET Company Participants Camilo Ramirez - Senior Vice President of Finance and Investor Relations Derek Dubner - Chairman and Chief Executive Officer Dan MacLachlan - Chief Financial Officer Conference Call Participants Josh Nichols - B. Riley Operator Good day, ladies and gentlemen, and welcome to Red Violet's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After th ...

Red Violet, Inc. (RDVT) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.35%. A quarter ago, it was expected that this company would post earnings of $0.19 per share when it actually produced earnings of $0.28, delivering a surprise of 47.37%.Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 September 30, 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 001-38407 Title of each class Trading Symbol (s) Name of each exchange on which registered Common Stock, $0.001 par value per shar ...

BOCA RATON, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the Southwest IDEAS Investor Conference being held in Dallas on November 21, 2024. Camilo Ramirez, Senior Vice President, Finance and Investor Relations, will present and host investor meetings.   About red violet®At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligen ...

Red Violet, Inc. (RDVT) shares ended the last trading session 7.6% higher at $30.97. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.1% loss over the past four weeks.Red Violet is benefiting from increased transaction volumes and expanding customer bases across various sectors, particularly in law enforcement and financial services.This company is expected to post quarterly earnings of $0.23 per share in its upco ...

BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Interactive Data, LLC ("IDI"), a red violet company (NASDAQ: RDVT), and trailblazer in identity verification and risk mitigation, today announced it has been awarded the General Services Administration (GSA) MAS8F 47QSWA18D008F contract (https://www.carahsoft.com/idi) through its strategic alliance with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. As of August 6, 2024, government agencies are now able to procure IDI's next-gen ...

BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Interactive Data, LLC ("IDI"), a red violet company (NASDAQ: RDVT), and trailblazer in identity verification and risk mitigation, today announced it has been awarded the General Services Administration (GSA) MAS8F 47QSWA18D008F contract (https://www.carahsoft.com/idi) through its strategic alliance with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. As of August 6, 2024, government agencies are now able to procure IDI's next-gen ...

da-kuk Investment thesis In my previous article covering the company, I was bullish on Red Violet's (NASDAQ:RDVT) growth prospects for its core products IDI and Forewarn. I also anticipated significant margin expansion as the company leveraged its largely fixed cost business model. Shares have risen more than 50% since then and in this article I acknowledge that while the company faces increased risks as it ventures further upmarket, the opportunities could be transformative. Additionally, Red Violet surpas ...