Fluent Q3 revenue rises on commerce media solutions strength 

By Reuters News


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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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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