
Fluent (NASDAQ:FLNT) Issues Earnings Results

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Fluent (NASDAQ:FLNT) reported quarterly earnings of ($0.19) per share, surpassing estimates of ($0.21). Revenue was $44.85 million, below the expected $48.80 million. The company experienced a negative net margin of 13.01% and a return on equity of -119.04%. Commerce Media Solutions revenue grew 104% year-over-year, contributing 58% to total revenue. Despite a 19% overall revenue decline, excluding divested businesses, the drop was only 3%. Analysts maintain a consensus rating of "Moderate Buy" with an average target price of $4.25. Shares rose to $2.96 following the earnings announcement.
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