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Inuvo, Inc. (INUV) Reports In-Line Q2 EPS

July 29, 2015 4:16 PM EDT
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Price: $0.33 --0%

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Inuvo, Inc. (NYSE: INUV) reported Q2 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $16.7 million versus the consensus estimate of $13.9 million.

"We are pleased to report a third consecutive quarter of strong year-over-year growth and a seventh consecutive quarter of profitability," stated Rich Howe, Chairman and CEO of Inuvo. "We are making and will continue to make the necessary investments to capture market share in support of growth. While both segments experienced strong growth in the quarter, the Partner Network benefited from an uncharacteristically strong spring, the result of strong advertiser demand in Automotive that is likely to normalize in the second half of the year. We remain poised to deliver on the potential of the SearchLinks Native Advertising solution and committed to increasing user engagement within the ALOT sites."

For earnings history and earnings-related data on Inuvo, Inc. (INUV) click here.



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