Red Violet, Inc. (RDVT) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, RDVT's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Ty ...

BOCA RATON, Fla., June 06, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the East Coast IDEAS Investor Conference being held in New York on June 13, 2024. Camilo Ramirez, Senior Vice President, Finance and Investor Relations, will host investor meetings. About red violet®At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technol ...

BOCA RATON, Fla., June 04, 2024 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ:RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Tucson Association of REALTORS® ("TAR") will offer FOREWARN® services to its 5,700+ members it serves throughout the Tucson area to promote proactive real estate agent safety. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the abi ...

BOCA RATON, Fla., May 31, 2024 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ:RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Santa Barbara Multiple Listing Service will offer FOREWARN® services to its 1,700+ members it serves throughout the Santa Barbara area to promote proactive real estate agent safety. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with th ...

BOCA RATON, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ:RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Park City Multiple Listing Service ("PCMLS") will offer FOREWARN® services to its 1,700+ members it serves throughout the Park City area to promote proactive real estate agent safety. Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with ...

Red Violet, Inc. (RDVT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ear ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Inves ...

Exhibit 99.1 red violet Announces First Quarter 2024 Financial Results Record Revenue of $17.5 Million, an Increase of 20% BOCA RATON, Fla. – May 8, 2024 – Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced financial results for the quarter ended March 31, 2024. “We started 2024 by delivering record sales and strong operating results which reflect the inherent strength of our innovative technology and solutions, and our team’s relentless commitment to de ...

财务数据和关键指标变化 - 公司实现了创纪录的季度收入17.5亿美元,同比增长20% [10] - 公司创纪录的调整后毛利为13.8亿美元,毛利率为79%,同比提升1个百分点 [19] - 公司创纪录的调整后EBITDA为5.7亿美元,同比增长54%,EBITDA利润率为32%,同比提升7个百分点 [20] - 调整后净收益增长36%至3.2亿美元,每股调整后收益为0.22美元 [20][32] - 公司经营活动产生的现金流为4.3亿美元,同比增长181% [35] - 公司自由现金流为1.9亿美元,去年同期为负0.8亿美元 [36] 各条业务线数据和关键指标变化 - IDI业务收入保持强劲增长,其中收款业务首次实现两位数百分比增长 [21] - 调查业务继续表现良好,尤其是执法部门业务 [21] - 新兴市场业务也实现了不错的增长,法律行业表现突出 [22] - 金融和企业风险业务同比增长,但去年同期包含了0.7亿美元的一次性批量收入 [23] - IDI客户数增加366家,创2020年第三季度以来最大单季增幅,达到8,241家 [11] - FOREWARN用户增加51,259名,创历史新高,现有用户236,639名,已有425个房地产经纪人协会签约使用 [25][26] 各个市场数据和关键指标变化 - 房地产行业收入略有下降,但FOREWARN业务保持强劲增长 [24][25] - 公司合同收入占比为78%,同比提升3个百分点 [26] - 公司客户续订率为93%,预计未来将在90%-95%之间波动 [26] 公司战略和发展方向及行业竞争 - 公司在过去18个月内持续投资于技术、产品线扩展和营销能力,取得了良好成果 [8][9] - 公司看好未来发展前景,认为其创新解决方案在身份验证、欺诈预防和调查等领域具有不可或缺的作用 [8][12] - 公司将继续加大投资,以抓住现有业务的增长机遇,并拓展营销服务、背景调查和政府等新兴领域 [12][13] - 公司将继续实施股票回购计划,截至4月30日已回购近30万股,剩余4.6亿美元 [14] 管理层对经营环境和未来前景的评论 - 公司2024年开局良好,4月份创下历史单月最高收入纪录 [9] - 管理层对公司2024年剩余时间以及未来发展前景持乐观态度 [15][40] - 管理层认为消费者面临一定压力,但只要就业水平保持相对稳定,收款业务仍有望保持韧性 [61][62]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38407 RED VIOLET, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 82-2408531 (State or Other Jurisdiction of ...