Fluent Q3 revenue rises on commerce media solutions strength
Overview
US commerce media provider's Q3 revenue rose 14% yr/yr, beating analyst expectations
Adjusted loss per share for Q3 beat analyst expectations
Q3 adjusted EBITDA reached -$43
Outlook
Company expects Q4 double-digit revenue growth on aggregate continuing businesses and positive adjusted EBITDA
Fluent sees full-year 2026 double-digit revenue growth and improved adjusted EBITDA
Fluent expects double-digit consolidated revenue growth in 2027 as Commerce Media Solutions scales
Result Drivers
COMMERCE MEDIA SOLUTIONS GROWTH - Revenue from Commerce Media Solutions doubled year-over-year and now represents 70% of total revenue, driving overall growth
SHIFT IN REVENUE MIX - Decline in Owned and Operated revenue reflects continued shift in focus to Commerce Media Solutions
NEW PARTNERS AND DEMAND - Addition of new partners and strong demand for commerce media offerings supported revenue and margin gains, per CEO Don Patrick
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $53.64 mln | $50.08 mln (4 Analysts) |
Q3 Adjusted Loss Per Share | Beat | $0.08 | $0.14 (4 Analysts) |
Q3 Loss Per Share | $0.12 | ||
Q3 Adjusted Net Loss | Beat | $2.50 mln | $4.91 mln (4 Analysts) |
Q3 Net Loss | $3.13 mln | ||
Q3 Adjusted EBITDA | -$43.00 | ||
Q3 Operating Income | -$3.12 mln | ||
Q3 Pretax Loss | $3.12 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)