Red Violet Inc. Reports 14% Revenue Increase to $21.8M and 2% Rise in Net Income for Q2 2025; EPS at $0.19

Reuters
Aug 09
<a href="https://laohu8.com/S/RDVT">Red Violet</a> Inc. Reports 14% Revenue Increase to $21.8M and 2% Rise in Net Income for <a href="https://laohu8.com/S/QTWO">Q2</a> 2025; EPS at $0.19

Red Violet Inc., a leading analytics and information solutions provider, announced its financial results for the second quarter ending June 30, 2025. The company reported a 14% increase in total revenue, reaching $21.8 million. Gross profit rose 18% to $15.7 million, with the gross margin improving to 72% from the previous 70%. Adjusted gross profit saw a 17% increase, amounting to $18.2 million, and the adjusted gross margin rose to 84% from 82%. Net income experienced a 2% increase, reaching $2.7 million, with earnings per share reported at $0.19 and $0.18 per basic and diluted share, respectively. However, the net income margin decreased to 12% from 14%. Adjusted EBITDA increased by 12% to $7.6 million, despite a slight decrease in the adjusted EBITDA margin to 35% from 36%. Adjusted net income rose 6% to $4.1 million, translating to adjusted earnings of $0.29 and $0.28 per basic and diluted share, respectively. The company also noted a 31% rise in net cash provided by operating activities, totaling $7.5 million. CEO Derek Dubner expressed satisfaction with the performance, highlighting strong revenue growth and customer onboarding, despite challenging comparisons to the previous year. The company remains optimistic about its ability to drive continued revenue growth and capitalize on future opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Violet Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-105904), on August 08, 2025, and is solely responsible for the information contained therein.

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