Business
Inuvo Reaffirms 25% Q2 YOY Growth Guidance and Completes 1:10 Reverse Stock Split
LITTLE ROCK, Ark., June 12, 2025 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of artificial intelligence-driven AdTech solutions, today announced that it was reaffirming its prior guidance that the Company was expecting revenue growth for the second quarter of not less than 25% on a year-over-year basis. The Company also completed a 1-for-10 reverse stock split of its outstanding common stock, as approved by shareholders at the Annual Meeting held on May 22, 2025. In
About this update from Inuvo, Inc.
[{"type":"image","alt":"Inuvo Inc.","displaySize":"","headline":null,"caption":"Inuvo Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":85,"url":"https://media.zenfs.com/en/globenewswire.com/aa9936e76d605d963c41b7df486a6fac"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Hr1Jg95PHwme_1dxIoNzUg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExOTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/aa9936e76d605d963c41b7df486a6fac","width":300,"height":85}},"lazy":false},{"type":"text","content":"LITTLE ROCK, Ark., June 12, 2025 (GLOBE NEWSWIRE) -- Inuvo, Inc. (NYSE American: INUV), a leading provider of artificial intelligence-driven AdTech solutions, today announced that it was reaffirming its prior guidance that the Company was expecting revenue growth for the second quarter of not less than 25% on a year-over-year basis. The Company also completed a 1-for-10 reverse stock split of its outstanding common stock, as approved by shareholders at the Annual Meeting held on May 22, 2025.","length":497,"tagName":"p"},{"type":"text","content":"Inuvo’s purpose in effectuating the reverse stock split is to improve the marketability and liquidity of its stock aiming to attract a broader range of institutional investors and analysts in support of its long-term growth strategy.","length":233,"tagName":"p"},{"type":"text","content":"Richard Howe, Chief Executive Officer of Inuvo, commented, “Following two consecutive record-breaking quarters, we believe this strategic action will make our stock more accessible to institutional investors, many of whom are restricted from purchasing stocks trading below certain thresholds.”","length":294,"tagName":"p"},{"type":"text","content":"About Inuvo","length":11,"tagName":"p"},{"type":"text","content":"Inuvo®, Inc. (NYSE American: INUV) is a market leader in Artificial Intelligence built for advertising. Its IntentKey® AI solution is a first-of-its-kind proprietary and patented technology capable of identifying and actioning to the reasons why consumers are interested in products, services, or brands, not who those consumers are. To learn more, visit www.inuvo.com.","length":369,"tagName":"p"},{"type":"text","content":"Safe Harbor / Forward-Looking Statements","length":40,"tagName":"p"},{"type":"text","content":"This press release includes certain “forward-looking statements” within the meanin...