Red Violet

Red Violet, Inc. engages in the provision of software and proprietary technology services. It specializes in data analysis, which provides cloud-based, mission-critical information solutions to enterprises in a variety of industries. Its brands include IDI and Forewarn. The company was founded in August 2017 and is headquartered in Boca Raton, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Red Violet posts record Q4 revenue, eyes growth through innovation

Red Violet's Q4 performance showcased strong revenue growth and improved margins, setting a positive tone for 2023.
The company's financial stability, focus on innovation, and growth strategies position it well for future success.
Balancing organic growth with potential acquisitions will be key in navigating future opportunities and challenges.

Red Violet reports robust Q1 earnings, eyes growth in identity solutions

Red Violet's Q1 2023 earnings call highlighted strong financial performance, customer growth, and strategic initiatives to drive future growth. Despite challenges in certain sectors, the company's focus on identity and fraud solutions, new product launches, and optimizing resources position them well for opportunities ahead.

Red Violet reports strong Q2 earnings, poised for AI-driven growth

Red Violet's Q2 performance reflects robust revenue growth and enhanced profitability, driven by operational efficiencies.
The company's focus on AI technologies and data assets positions them well for future growth and market leadership.
While challenges exist, Red Violet's strong financial position and strategic initiatives offer opportunities for sustained success.

Red Violet (RDVT) reports record revenue and customer growth in Q3 2023

Red Violet (RDVT) delivered a strong performance in Q3 2023, achieving record revenue, solid margins, and positive cash flow generation. The company's growth in customer base, user acquisition, and partnership agreements highlight its market presence and potential for expansion. While challenges persist, Red Violet's focus on customer satisfaction and shareholder value creation remains steadfast.

Red Violet (RDVT) reports robust Q4 earnings and strategic growth

Red Violet's Q4 and full-year 2023 performance showcased strong revenue growth, margin expansion, and cash flow generation, underlining a successful year.
The company's strategic focus on innovation, executive appointments, and financial discipline positions it well for future growth and market leadership.
While challenges in maintaining growth and optimizing investments exist, Red Violet's solid financial foundation and growth initiatives present promising opportunities for sustained success.

Red Violet achieves record revenue and growth in Q1 2024

Red Violet's Q1 2024 performance reflects robust revenue growth, improved profitability, and expansion in customer bases.
The company's investments in technology and personnel underscore a commitment to long-term success and innovation.
While facing challenges in a competitive market, Red Violet remains optimistic about future growth opportunities and market momentum.

Red Violet reports record Q2 revenue and strategic growth initiatives

Red Violet's Q2 2024 earnings call showcased impressive financial results, strategic investments in technology and marketing, and a strong cash position. The company is focused on expanding its market presence and driving growth across key verticals.

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Fourth Quarter Revenue Increases 26% to $11.3 Million Producing $2.0 Million in Cash Flow from Operations

red violet Announces Fourth Quarter and Full Year 2021 Financial Results

The 2nd largest local REALTOR® Association in the state of Nevada contracts to make FOREWARN services available for its 2,900+ REALTOR® members to promote proactive agent safety The 2nd largest local REALTOR® Association in the state of Nevada contracts to make FOREWARN services available for its 2,900+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Reno Sparks Association of REALTORS®

The 3rd largest local REALTOR® Association in the state of Indiana contracts to make FOREWARN services available for its 1,600+ REALTOR® members to promote proactive agent safety The 3rd largest local REALTOR® Association in the state of Indiana contracts to make FOREWARN services available for its 1,600+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Upstate Alliance of REALTORS®

Florida-based Association contracts to make FOREWARN services available for its 2,200+ REALTOR® members to promote proactive agent safety Florida-based Association contracts to make FOREWARN services available for its 2,200+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Daytona Beach Area Association of REALTORS®

BOCA RATON, Fla., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced the closing of $21.0 million in growth financing from existing investors through the sale of 552,915 shares of common stock at a price of $38.00 per share in a previously announced registered direct offering. The offering effectively closes out the Company's “shelf” registration statement on Form S-3 (Registration No. 333-233025) filed with the Securities and Exchange Commission (the “SEC”) on August 5, 2019 and declared effective by the SEC on August 9, 2019 and the effective Registration statement on Form S-3MEF (Registration No. 333-261202) filed with the SEC on November 19, 2021, which upsized the amount of securities available to be sold as part of the shelf by the maximum allowable of 20%.

red violet Announces Closing of $21.0 Million Registered Direct Offering

Red Violet, Inc. (RDVT) CEO Derek Dubner on Q3 2021 Results - Earnings Call Transcript

Record Revenue of $11.7 Million Fuels Strong Profitability and Net Income of $1.3 Million Record Revenue of $11.7 Million Fuels Strong Profitability and Net Income of $1.3 Million

red violet Announces Third Quarter 2021 Financial Results

BOCA RATON, Fla., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the RBC Capital Markets Technology, Internet, Media and Telecommunications Conference on Tuesday, November 16, 2021. Derek Dubner, Chief Executive Officer, and Daniel MacLachlan, Chief Financial Officer, will host virtual 1-on-1 meetings.

red violet to Participate in the RBC Capital Markets Technology, Internet, Media and Telecommunications Conference

BOCA RATON, Fla., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, announced today that it will report its financial results for the third quarter ended September 30, 2021 after the close of the U.S. financial markets on Tuesday, November 9, 2021.

red violet to Announce Third Quarter 2021 Financial Results on November 9, 2021

The largest local REALTOR® Association in the state of Virginia, and one of the largest in the nation, makes FOREWARN services available for its 13,000+ REALTOR® members to promote proactive agent safety The largest local REALTOR® Association in the state of Virginia, and one of the largest in the nation, makes FOREWARN services available for its 13,000+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Northern Virginia Association of REALTORS®

Industry experts join “Innovations in Identity” Advisory Board to provide strategic guidance Industry experts join “Innovations in Identity” Advisory Board to provide strategic guidance

red violet Announces Advisory Board to Drive Expansion

The largest local REALTOR® Association in the state of Arkansas makes FOREWARN services available for its 3,200+ REALTOR® members to promote proactive agent safety The largest local REALTOR® Association in the state of Arkansas makes FOREWARN services available for its 3,200+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Northwest Arkansas Board of REALTORS®

Red Violet, Inc. (RDVT) CEO Derek Dubner on Q2 2021 Results - Earnings Call Transcript

Record Revenue of $10.9 Million Drives Record Gross Profit and Cash Flow from Operations Record Revenue of $10.9 Million Drives Record Gross Profit and Cash Flow from Operations

red violet Announces Second Quarter 2021 Financial Results

Property Solutions Leader to Drive red violet's Innovation and Expansion Within the Real Estate Sector Property Solutions Leader to Drive red violet's Innovation and Expansion Within the Real Estate Sector

red violet Appoints James Frasche EVP, Property Solutions

BOCA RATON, Fla., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced the appointment of Lisa Stanton as an independent director of red violet's Board of Directors, effective immediately.

red violet Appoints Lisa Stanton to Board of Directors

BOCA RATON, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, announced today that it will report its financial results for the second quarter ended June 30, 2021 after the close of the U.S. financial markets on Wednesday, August 11, 2021.

red violet to Announce Second Quarter 2021 Financial Results on August 11, 2021

BOCA RATON, Fla., July 23, 2021 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the D.A. Davidson Bison Select Conference on Wednesday, August 4, 2021. Derek Dubner, Chief Executive Officer, and Daniel MacLachlan, Chief Financial Officer, will host virtual 1-on-1 meetings.

red violet to Participate in the D.A. Davidson Bison Select Conference

Nebraska REALTORS® Association makes FOREWARN services available to its statewide membership Nebraska REALTORS® Association makes FOREWARN services available to its statewide membership

FOREWARN Partners with Nebraska REALTORS® Association

The 2nd largest local REALTOR® Association in the state of Tennessee contracts to make FOREWARN services available for its 4,400+ REALTOR® members to promote proactive agent safety The 2nd largest local REALTOR® Association in the state of Tennessee contracts to make FOREWARN services available for its 4,400+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Knoxville Area Association of REALTORS®

Ohio-based Association contracts to make FOREWARN services available for its 1,000+ REALTOR® members to promote proactive agent safety Ohio-based Association contracts to make FOREWARN services available for its 1,000+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Medina County Board of REALTORS®

The 2nd largest local REALTOR® Association in the state of Louisiana contracts to make FOREWARN services available for its 3,400+ REALTOR® members to promote proactive agent safety The 2nd largest local REALTOR® Association in the state of Louisiana contracts to make FOREWARN services available for its 3,400+ REALTOR® members to promote proactive agent safety

FOREWARN Partners with Greater Baton Rouge Association of REALTORS®

Red Violet, Inc. (RDVT) CEO Derek Dubner on Q1 2021 Results - Earnings Call Transcript

Highest Ever Quarterly Revenue of $10.2 Million Fuels Record Gross Profit

red violet Announces First Quarter 2021 Financial Results

BOCA RATON, Fla., May 03, 2021 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, announced today that it will report its financial results for the first quarter ended March 31, 2021 after the close of the U.S. financial markets on Tuesday, May 11, 2021.

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