Fluent, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 04:52 pm EDT
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Fluent, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 77.25 million compared to USD 89.06 million a year ago. Net loss was USD 31.94 million compared to USD 2.01 million a year ago.
Basic loss per share from continuing operations was USD 2.34 compared to USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 2.34 compared to USD 0.12 a year ago.
Fluent, Inc. is engaged in performance marketing, delivering customer acquisition solutions through its digital media portfolio, global commerce partnerships, and proprietary data and tech. The Company offers brands to consumers through outcome-based programs across untapped channels, including its post-transaction ad solution and reward discovery platform. The Company delivers data and performance-based customer acquisition services for over 500 consumer brands, direct marketers, and agencies across a range of industries, including media & entertainment, financial products & services, health & life sciences, retail & consumer, and staffing & recruitment. It operates a call center performance marketplace that provides live-call-based performance campaigns to help clients increase engagement. Through AdParlor, LLC (AdParlor), it conducts its non-core business which offers clients various social media strategies through the planning and buying of media on different platforms.