Fluent (NASDAQ:FLNT) Issues Quarterly Earnings Results

Fluent (NASDAQ:FLNT) released its quarterly earnings results on Wednesday. The company reported ($0.19) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.02, FiscalAI reports. Fluent had a negative return on equity of 121.70% and a negative net margin of 12.22%.The company had revenue of $44.85 million during the quarter, compared to analysts’ expectations of $48.80 million.

Here are the key takeaways from Fluent’s conference call:

• Commerce Media Solutions revenue jumped 104% year over year to $25.9 million in Q1, and it now makes up 58% of total company revenue, underscoring the business mix shift the company is targeting.
• Management said Q1 revenue was down 19% overall to $44.9 million, but excluding the divested Call Solutions business, revenue was down only 3% as Commerce Media growth offset weakness in Owned and Operated Marketplaces.
• The company highlighted continued partner wins, including Wyndham Hotels and Squire, as validation that its Commerce Media platform can expand beyond traditional retail into new verticals like travel and marketplace services.
• Adjusted EBITDA was a loss of $3.6 million, slightly worse than last year, but operating expenses fell to $12.3 million and operating cash flow turned positive at $5.1 million, helping reduce net debt to $23.5 million.
• Management said it expects double-digit revenue growth on continuing businesses and improved full-year Adjusted EBITDA in 2026, with Q2 revenue expected to be similar to Q1 and margins improving as incentives roll off and Commerce Media scales.

Fluent Price Performance

NASDAQ:FLNT traded down $0.08 during mid-day trading on Friday, reaching $2.88. 11,036 shares of the stock were exchanged, compared to its average volume of 42,933. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.21. The business has a fifty day moving average price of $3.25 and a 200 day moving average price of $2.86. Fluent has a 1-year low of $1.50 and a 1-year high of $4.15. The firm has a market capitalization of $85.88 million, a PE ratio of -3.31 and a beta of 1.03.

Insider Transactions at Fluent

In other Fluent news, major shareholder Global Value Investment Corp. bought 65,148 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of $3.47 per share, for a total transaction of $226,063.56. Following the acquisition, the insider directly owned 3,089,676 shares of the company’s stock, valued at $10,721,175.72. This trade represents a 2.15% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director James Geygan bought 65,148 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The shares were acquired at an average cost of $3.47 per share, with a total value of $226,063.56. Following the completion of the purchase, the director owned 3,040,655 shares of the company’s stock, valued at approximately $10,551,072.85. The trade was a 2.19% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 164,835 shares of company stock valued at $572,666 over the last three months. 38.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FLNT. Millennium Management LLC bought a new stake in shares of Fluent during the 4th quarter worth $84,000. Susquehanna International Group LLP boosted its stake in Fluent by 65.3% in the 3rd quarter. Susquehanna International Group LLP now owns 39,947 shares of the company’s stock worth $89,000 after purchasing an additional 15,777 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Fluent by 44.7% in the 4th quarter. Geode Capital Management LLC now owns 144,713 shares of the company’s stock worth $347,000 after purchasing an additional 44,684 shares during the period. Institutional investors own 23.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on FLNT shares. Canaccord Genuity Group boosted their price target on shares of Fluent from $2.50 to $3.50 and gave the stock a “hold” rating in a research report on Tuesday, March 10th. Lake Street Capital started coverage on shares of Fluent in a research note on Thursday, April 23rd. They set a “buy” rating and a $5.00 price objective on the stock. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $4.25.

About Fluent

Fluent, Inc is a performance marketing and customer acquisition platform that helps consumer brands drive leads and sales through data-driven digital campaigns. The company specializes in direct-response marketing, executing campaigns across multiple channels including email, display, paid search, social media and native advertising. By focusing on measurable outcomes such as cost per acquisition and return on ad spend, Fluent tailors solutions to meet the specific objectives of its clients.

The company’s proprietary technology leverages first-party data sourced from its network of consumer-facing digital properties and programmatic partnerships.