Fluent Q1 revenue hit by unit's sale; profit beats estimates

Fluent

13/05/2026 21:20

Overview

Commerce media solutions provider's Q1 revenue fell 19% yr/yr, missing analyst expectations

Adjusted EPS and adjusted net income for Q1 beat analyst expectations

Commerce Media Solutions revenue grew 104% yr/yr, now 58% of consolidated revenue

Outlook

Company expects full-year double-digit revenue growth on aggregate continuing business in 2026

Company sees full-year adjusted EBITDA improvement in 2026

Company aims to return Commerce Media Solutions gross margins to the mid-twenties percent range

Result Drivers

CALL SOLUTIONS DIVESTITURE - Revenue declined mainly due to the loss of Call Solutions revenue following its sale in January 2026

COMMERCE MEDIA GROWTH - Commerce Media Solutions revenue more than doubled, offsetting much of the contraction in owned and operated business

BUSINESS MIX SHIFT - Company continued shifting focus and revenue mix toward Commerce Media Solutions, reducing reliance on owned and operated business

Company press release: ID:nGNX2cR4D0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$44.85 mln
$46.47 mln (4 Analysts)
Q1 Adjusted EPS
Beat
-$0.19
-$0.23 (4 Analysts)
Q1 EPS
-$0.17
Q1 Adjusted Net Income
Beat
-$5.9 mln
-$7.31 mln (4 Analysts)
Q1 Net Income
-$5.35 mln
Q1 Adjusted EBITDA
Beat
-$3.6 mln
-$4.09 mln (4 Analysts)
Q1 Operating Income
-$3.91 mln
Q1 Pretax Profit
-$5.35 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 $5.00, about 85.2% above its May 12 closing price of $2.70

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.)