Core Viewpoint - Inuvo, Inc. is projecting a record revenue of approximately 20.8 million in Q4 2023, driven by its generative AI advertising solutions [2][3]. Financial Performance - The projected revenue for Q4 2024 is expected to be 20.8 million [2]. - This growth would establish a new record as the highest quarterly revenue in the company's history [2]. Management Commentary - CEO Richard Howe expressed confidence in achieving a double-digit revenue increase and near breakeven adjusted EBITDA for Q4 2024, reflecting optimism shared during the third quarter conference call [3]. - The company plans to provide further details about its strong fourth quarter and 2025 plans during an earnings conference call scheduled for February 27, 2025 [3]. Technology and Innovation - Inuvo's IntentKey® is highlighted as the first large-language generative AI capable of identifying and targeting audiences without relying on consumer data, tracking, or cookies, thus outperforming competitors [3]. - This technology empowers marketers through audience discovery and targeting, available as both managed and self-service options [3]. Company Overview - Inuvo, Inc. is recognized as a market leader in artificial intelligence tailored for advertising, with its proprietary IntentKey AI solution designed to understand consumer interests rather than their identities [5].
Inuvo Reports Unaudited Preliminary Fourth Quarter 2024 Record Revenue of $26 Million, Achieving 26% Year-Over-Year Growth