ACCESS Newswire (NYSEAMERICAN:ACCS – Get Free Report) issued its earnings results on Tuesday. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.05, FiscalAI reports. ACCESS Newswire had a negative net margin of 7.63% and a positive return on equity of 4.88%. The business had revenue of $5.51 million during the quarter.
Here are the key takeaways from ACCESS Newswire’s conference call:
- Q3 revenue fell 4% year over year to $5.5 million, as core press-release volume declined 15% from a year earlier amid a softer market. Subscription and newer product revenue partly offset the weakness.
- Subscription revenue reached 60% of total revenue; subscribing customers rose to 1,213 after 115 additions in the quarter, and average ARR per subscriber increased 6% year over year to $12,331.
- Despite lower revenue, gross margin was 75% and adjusted EBITDA was $829,000, or 15% of revenue; operating cash flow was $469,000, and the company ended the quarter with nearly $3 million in cash.
- A $1.5 million restructuring completed in October is expected to deliver about $300,000 in savings in Q4, with the full benefit beginning in Q1 2027. Management said the changes are intended to support cash generation and profitability.
- The company is introducing SPOT AI tools and a $249-per-month SMB plan, with add-ons intended to increase customer spending and per-release gross margins. Adoption is described as encouraging, but management’s targets—including a return to revenue growth in 2027—remain forward-looking.
ACCESS Newswire Stock Up 3.1%
NYSEAMERICAN ACCS traded up $0.10 during mid-day trading on Tuesday, reaching $3.47. The stock had a trading volume of 34,059 shares, compared to its average volume of 18,385. ACCESS Newswire has a 1 year low of $3.21 and a 1 year high of $11.34. The stock has a market cap of $13.31 million, a PE ratio of -7.90 and a beta of 0.47. The company has a fifty day moving average price of $4.59 and a 200 day moving average price of $6.46. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.82 and a quick ratio of 0.82.
Insider Transactions at ACCESS Newswire
In other ACCESS Newswire news, CEO Brian R. Balbirnie bought 10,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were acquired at an average cost of $4.95 per share, for a total transaction of $49,500.00. Following the purchase, the chief executive officer owned 644,667 shares in the company, valued at approximately $3,191,101.65. This trade represents a 1.58% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 25.03% of the company’s stock.
Institutional Investors Weigh In On ACCESS Newswire
A hedge fund recently raised its stake in ACCESS Newswire stock. Punch & Associates Investment Management Inc. increased its holdings in ACCESS Newswire Inc. (NYSEAMERICAN:ACCS – Free Report) by 7.0% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 152,410 shares of the company’s stock after buying an additional 10,000 shares during the quarter. Punch & Associates Investment Management Inc. owned about 3.93% of ACCESS Newswire worth $1,350,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 50.02% of the company’s stock.
ACCESS Newswire Company Profile
ACCESS Newswire is a communications technology company that provides news distribution and media outreach services for public companies, private businesses, government organizations and other institutions. Its platform is designed to help clients distribute corporate announcements, press releases and multimedia content to journalists, news organizations, investors and other audiences. The company’s offerings include press release distribution, media targeting, online newsroom tools, multimedia content distribution and related corporate communications services.
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