Red Violet Inc reports results for the quarter ended June 30 - Earnings Summary
Red Violet Inc reports results for the quarter ended June 30 - Earnings Summary
Red Violet Inc RDVT.OQ reported quarterly adjusted earnings of 50 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of two analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 33 cents to 34 cents per share.
Revenue rose 22.7% to $26.72 million from a year ago; analysts expected $25.62 million.
Red Violet Inc's reported EPS for the quarter was 34 cents.
The company reported quarterly net income of $4.96 million.
Red Violet Inc shares had risen by 2.8% this quarter and gained 15.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Red Violet Inc is $71.50, about 8.4% above its last closing price of $65.49
This summary was machine generated from LSEG data August 10 at 09:02 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.33 | 0.50 | Beat |
Mar. 31 2026 | 0.32 | 0.46 | Beat |
Dec. 31 2025 | 0.14 | 0.21 | Beat |
Sep. 30 2025 | 0.31 | 0.39 | Beat |
Recent news on Red Violet
See all newsRed Violet Inc reports results for the quarter ended June 30 - Earnings Summary
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