Inuvo, Inc. reported Q3 2024 revenue growth of 23% to $22.4 million, despite a $2 million loss.
Inuvo, Inc., an advertising technology firm, reported a 23% sequential revenue growth, reaching $22.4 million in Q3 2024. Despite a $2 million loss, the company's revenue from agencies and brands rose 15% year-over-year. Inuvo's AI solution, IntentKey, enhances audience targeting without consumer tracking. The company secured a $10 million credit line and anticipates double-digit growth for Q4 2024, with a product update expected in Q1 2025.
5 months ago
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