Please ensure Javascript is enabled for purposes of website accessibility

Inuvo posts $1.4 million loss


  • By
  • | 5:32 p.m. November 11, 2011
  • | 2 Free Articles Remaining!
  • Tampa Bay-Lakeland
  • Share

CLEARWATER -- Inuvo Inc. (symbol: INUV), an online marketing services firm, posted $8.2 million in third quarter revenues, down $6.1 million over the year. The revenue decrease led to $1.4 million in net losses.

The big news of Inuvo's quarter, despite its net losses, is the acquisition of Vertro Inc., a New York-based firm with Gulf Coast roots. The combined entity could exceed $80 million in annual revenues.

CEO Richard Howe leads Clearwater-based Inuvo. Howe spoke to the Business Review about the results of his turnaround efforts with the company in February (see “Digital Do-Over,” Feb. 4, 2011).

 

Latest News

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.