Red Violet (RDVT) Reports Q4 Revenues of $9.1M

Go back to Red Violet (RDVT) Reports Q4 Revenues of $9.1M

red violet Announces Fourth Quarter and Full Year 2019 Financial Results

March 12, 2020 4:05 PM EDT

Revenue Increases 92% to $9.1 Million Generating $1.2 Million in Cash from Operating Activities in the Fourth Quarter

BOCA RATON, Fla.--(BUSINESS WIRE)-- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced financial results for the quarter and full year ended December 31, 2019.

Bucking the trend in what is historically a seasonally slower quarter for our business, we capped off a spectacular year, generating record revenue and cash from operations, stated Derek Dubner, red violets CEO. Leveraging our cloud-native platform, we continue to see larger customers... More