Inuvo, Inc. Provides Earnings Guidance for the Fourth Quarter of 2015 and Revised Revenue Guidance for the Year 2015
January 14, 2016 at 01:36 pm
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Inuvo, Inc. provides earnings guidance for the fourth quarter of 2015, and revised revenue guidance for the year 2015. The company anticipates net revenue for the fourth quarter of 2015 in the range of $20 million to $21 million, which represents an increase of approximately 35% compared to the fourth quarter of 2014. The company also anticipate diluted earnings per share will be in the range of $0.02 to $0.03 for the fourth quarter
For the full year 2015, the company expects net revenue in the range of $69 million to $70 million, which represents an increase of approximately 41% compared to 2014. This compares previous guidance of net revenue in the range of $66 million to $68.5 million for the year 2015.
Inuvo, Inc. is an advertising technology and services business selling information technology solutions to brands, agencies and large consolidators of advertising demand. Its products and services use analytics, data and artificial intelligence in a manner that optimizes the purchase and placement of advertising in real time. These capabilities are typically sold with services both individually and in combination with each other based on client needs. These products and services include IntentKey and Bonfire. IntentKey is an artificial intelligence-based consumer intent recognition system designed to reach targeted mobile and desktop In-Market audiences with precision. Bonfire provides marketing and advertising solutions which can be provided directly to brands and where a collection of data, analytics, software and publishing is used to align advertising messages with consumers across websites online. The solution includes integration of numerous media placement partners.
INUVO, INC. 
