Inuvo (NYSEAMERICAN:INUV) Posts Earnings Results

Inuvo (NYSEAMERICAN:INUV) released its quarterly earnings data on Wednesday. The technology company reported ($0.02) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.02), MarketWatch Earnings reports.

NYSEAMERICAN INUV opened at $0.23 on Thursday. Inuvo has a 52-week low of $0.09 and a 52-week high of $1.75.

In other Inuvo news, Director Patrick Terrell bought 314,286 shares of Inuvo stock in a transaction dated Friday, March 20th. The stock was purchased at an average price of $0.18 per share, for a total transaction of $56,571.48. Following the completion of the purchase, the director now directly owns 1,331,980 shares of the company’s stock, valued at $239,756.40. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Richard K. Howe bought 634,286 shares of Inuvo stock in a transaction dated Friday, March 20th. The stock was acquired at an average price of $0.18 per share, with a total value of $114,171.48. Following the purchase, the chief executive officer now directly owns 1,808,032 shares of the company’s stock, valued at $325,445.76. The disclosure for this purchase can be found here.

Separately, Zacks Investment Research lowered shares of Inuvo from a “buy” rating to a “hold” rating in a research note on Saturday, January 4th.

Inuvo Company Profile

Inuvo, Inc, together with its subsidiaries, a technology company, provides data-driven platforms that automatically identify and message online audiences across video, mobile, connected TV, display, and social and native devices, channels, and formats in the United States. The company's digital marketplace allows advertisers and publishers the opportunity to buy and sell advertising space in real time.

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Earnings History for Inuvo (NYSEAMERICAN:INUV)

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