Fluent's prelim Q4 revenue misses expectations

Fluent

09/03/2026 20:26

Overview

Commerce media solutions firm's preliminary Q4 revenue declined, missing analyst expectations

Adjusted EPS for Q4 missed analyst expectations

Commerce Media Solutions revenue grew 101% yr/yr

Outlook

Fluent expects full-year double-digit revenue growth in 2026

Company aims to improve Commerce Media Solutions gross margins to mid-twenties

Fluent plans to expand commerce media partner network in new verticals

Result Drivers

COMMERCE MEDIA GROWTH - Commerce Media Solutions revenue grew 101% yr/yr, now representing 56% of total revenue, reflecting strategic focus shift

STRATEGIC PARTNERSHIPS - Added high-profile partners like Authentic Brands Group and launched Rebuy Monetize, enhancing AI-powered marketplace

FINANCIAL POSITION - Improved liquidity with $10.3 mln private placement and new financing agreement for borrowing flexibility

Company press release: ID:nGNX2wND6z

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$61.82 mln
$62.57 mln (3 Analysts)
Q4 Adjusted EPS
Miss
-$0.09
-$0.08 (3 Analysts)
Q4 EPS
-$0.13
Q4 Adjusted Net Income
Miss
-$2.80 mln
-$2.48 mln (3 Analysts)
Q4 Net Income
-$4.12 mln
Q4 Adjusted EBITDA
Miss
$200,000
$1.15 mln (3 Analysts)
Q4 Operating Income
$163,000
Q4 Pretax Profit
-$4.24 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advertising & marketing peer group is "buy."

Wall Street's median 12-month price target for Fluent Inc is $3.75, about 3.3% above its March 6 closing price of $3.63

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)