* Generated $1.7 million in cash from operating activities in the third quarter. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. We define adjusted gross profit as revenue less cost of revenue (exclusive of depreciation and amortization), and adjusted gross margin as adjusted gross profit as a percentage of revenue.Conference CallIn conjunction with this release, red violet will host a conference call and webcast today at 4:30pm ET to discuss its quarterly results and provide a business update. The way we measure adjusted EBITDA, adjusted gross profit and adjusted gross margin may not be comparable to similarly titled measures presented by other companies, and may not be identical to corresponding measures used in our various agreements.SUPPLEMENTAL METRICSThe following metrics are intended as a supplement to the financial statements found in this release and other information furnished or filed with the SEC. I am extremely proud of the performance of our team and remain optimistic in our ability to continue to drive growth for the foreseeable future.”Third Quarter Financial ResultsFor the three months ended September 30, 2020 as compared to the three months ended September 30, 2019: * Total revenue increased 12% to $9.3 million. Apr-24-19 08:30AM : red violet to Announce First Quarter 2019 Financial Results on May 7, 2019. Business Wire. Red Violet Incs (NASDAQ:RDVT) Earnings Dropped -27.50%, Did Its Industry Show Weakness Too? Red Violet … Since then, RDVT shares have increased by 50.2% and is now trading at $27.72. Red Violet employs 107 workers across the globe. RDVT 25.59 1.18 (4.41%). The Company … Vote “Underperform” if you believe RDVT will underperform the S&P 500 over the long term. May-07-19 04:15PM : red violet Announces First Quarter 2019 Financial Results. View Red Violet, Inc. RDVT investment & stock information. Top institutional investors include Venator Capital Management Ltd. (2.87%), Wasatch Advisors Inc. (2.81%), BlackRock Inc. (2.67%), Acuitas Investments LLC (0.68%), Acuitas Investments LLC (0.68%) and State Street Corp (0.63%). Red Violet's stock is owned by a number of retail and institutional investors. ⬇ Download red violet - stock images and photos in the best photography agency reasonable prices millions of high quality and royalty-free stock photos and images. Please log in to your account or sign up in order to add this asset to your watchlist. We provide unique and compelling solutions essential to the daily workflow of organizations within both the public and private sectors. Stock analysis for Red Violet Inc (RDVT:NASDAQ CM) including stock price, stock chart, company news, key statistics, fundamentals and company profile. View our earnings forecast for Red Violet. Red Violet is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021. The reported ($0.22) EPS for the quarter. Red Violet's stock was trading at $18.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. Revenue attrition percentage is calculated on a trailing twelve-month basis, the numerator of which is the revenue lost during the period due to attrition, net of reinstated revenue, and the denominator of which is total revenue based on an average of total revenue at the beginning of each month during the period. Here’s what to do now. Pricing contracts are generally annual contracts or longer, with auto renewal. The Investor Relations website contains information about Red Violet, Inc.'s business for stockholders, potential investors, and financial analysts. To see all exchange delays and terms of use please see disclaimer. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. View detailed RDVT description & address. The company serves financial services, insurance, healthcare, retail, and telecommunication companies; law enforcement and government agencies; and collections, corporate security, and investigative law firms, as well as various types of corporate risk for purposes, such as identity verification, risk assessment, fraud detection, and compliance. Want to see which stocks are moving? Search from Red Violet stock photos, pictures and royalty-free images from iStock. Red Violet had a negative net margin of 29.25% and a negative return on equity of 17.66%. See Red Violet Inc real time stock price, historical quotes and price charts. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our … Get short term trading ideas from the MarketBeat Idea Engine. View the latest Red Violet Inc. (RDVT) stock price, news, historical charts, analyst ratings and financial information from WSJ. Get the latest Red Violet, Inc. RDVT detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. In trading on Monday, shares of Red Violet Inc (RDVT) crossed above their 200 day moving average of $19.02, changing hands as high as $19.25 per share. To access the live audio webcast, visit the Investors section of the red violet website at www.redviolet.com. Through leading-edge, proprietary technology and a massive data repository, our analytics and information solutions harness the power of data fusion, uncovering the relevance of disparate data points and converting them into comprehensive and insightful views of people, businesses, assets and their interrelationships. Find the latest Red Violet, Inc. (RDVT) stock quote, history, news and other vital information to help you with your stock trading and investing. Red Violet last posted its earnings data on August 11th, 2020. Some companies that are related to Red Violet include Endurance International Group (EIGI), Upland Software (UPLD), Talend (TLND), 3D Systems (DDD), QAD (QADA), Cango (CANG), Opera (OPRA), SecureWorks (SCWX), QAD (QADB), MobileIron (MOBL), NCC Group (NCCGF), PDF Solutions (PDFS), Magic Software Enterprises (MGIC), Landcadia Holdings II (LCA) and Avid Technology (AVID). * Net loss narrowed 7% to $0.9 million. Currency in USD, Trade prices are not sourced from all markets, Stock Market Alert: Move Your Money Before 2021. Red Violet's mailing address is 2650 NORTH MILITARY TRAIL SUITE 300, BOCA RATON FL, 33431. The stock, focused in the technology industry, is currently priced at $12.44 after a move down of -8.83% so far today. Real time Red Violet, Inc. (RDVT) stock price quote, stock graph, news & analysis. These supplemental metrics are not necessarily derived from any underlying financial statement amounts. Red Violet (NASDAQ:RDVT) Earnings Information. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. * Strong revenue growth from existing customer expansion. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. A high-level overview of Red Violet, Inc. (RDVT) stock. Our adjusted gross profit is a measure used by management in evaluating the business’s current operating performance by excluding the impact of prior historical costs of assets that are expensed systematically and allocated over the estimated useful lives of the assets, which may not be indicative of the current operating activity. Red Violet, Inc. (NASDAQ:RDVT) issued its earnings results on Wednesday, August, 8th. Splashy near-neons have been trending for several seasons now and this fuchsia hue is no exception. Ticker: RDVT Red Violet Inc . View Red Violet, Inc. RDVT investment & stock information. Invest in Red Violet Inc stock and others with any dollar amount. * FOREWARN®, our subscription app-based real estate solution, added over 4,000 users in the third quarter. The P/E ratio of Red Violet is -31.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Simply Wall St. May-15-19 08:00AM : FOREWARN Partners with Mainstreet Organization of REALTORS® Business Wire. FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that the Utah Central Association of … Upon the spin-off, Red Violet expects to have approximately $20 million in cash and no debt. (3) Contractual revenue % represents revenue generated from customers pursuant to pricing contracts containing a monthly fee and any additional overage divided by total revenue. Growth revenue from existing customers increased 116% over prior year and 151% on a sequential quarter basis.Use of Non-GAAP Financial MeasuresManagement evaluates the financial performance of our business on a variety of key indicators, including non-GAAP metrics of adjusted EBITDA, adjusted gross profit and adjusted gross margin. Third Quarter and Recent Business Highlights * Our high-margin, platform revenue demonstrated accelerated growth throughout the third quarter. But as . In addition, we use them as an integral part of our internal reporting to measure the performance and operating strength of our business.We believe adjusted EBITDA, adjusted gross profit and adjusted gross margin are relevant and provide useful information frequently used by securities analysts, investors and other interested parties in their evaluation of the operating performance of companies similar to ours and are indicators of the operational strength of our business. We can see that Red Violet does have institutional investors; and they hold 33% of the stock. * Increased customer adoption of idiCORE™ with over 380 new customers added to the platform in the third quarter. Based on aggregate information from My MarketBeat watchlists, some companies that other Red Violet investors own include Fluent (FLNT), (TECU) (TECU), Cogent Biosciences (COGT), ADDvantage Technologies Group (AEY), AK Steel (AKS), Cronos Group (CRON), Frontline (FRO), Alcoa (AA), Corbus Pharmaceuticals (CRBP) and Dropcar (DCAR). Adjusted gross margin increased to 71% from 62%. Red Violet Inc stocks price quote with latest real-time prices, charts, financials, latest news, technical analysis and opinions. Red Violet's management team includes the following people: Start Your Risk-Free Trial Subscription Here. We believe adjusted gross profit provides useful information to our investors by eliminating the impact of non-cash depreciation and amortization, and specifically the amortization of software developed for internal use, providing a baseline of our core operating results that allow for analyzing trends in our underlying business consistently over multiple periods. Change the date range, see whether others are buying or selling, read news, get earnings results, and compare Red Violet against related stocks people have also bought. The cost of revenue, which consists primarily of data acquisition costs, remains relatively fixed irrespective of revenue generation. View insider buying and selling activity for Red Violet or or view top insider-buying stocks. Find the latest historical data for Red Violet, Inc. Common Stock (RDVT) at Nasdaq.com. At red violet, we are dedicated to making the world a safer place and reducing the cost of doing business. Red Violet trades on the NASDAQ under the ticker symbol "RDVT.". Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading "Forward-Looking Statements" and "Risk Factors" in red violet's Form 10-K for the year ended December 31, 2019 filed on March 12, 2020, as may be supplemented or amended by the Company's other SEC filings. You may vote once every thirty days. Show section. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. The Power of Data Fusion. Adjusted gross margin is calculated as adjusted gross profit as a percentage of revenue.Adjusted EBITDA, adjusted gross profit and adjusted gross margin are not intended to be performance measures that should be regarded as an alternative to, or more meaningful than, financial measures presented in accordance with GAAP. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including the impact of the Covid-19 pandemic on our current and future results of operations and whether we will continue to drive growth for the foreseeable future. Update: Red Violet (NASDAQ:RDVT) Stock Gained 71% In The Last Year. Red Violet, Inc is a software—application business based in the US. Red Violet Inc. stock price ended on $23.68 on Friday after gaining 3.32% (Updated on November 27, 2020) Buy or Hold candidate since 2020-10-05 Gain 17.93% PDF The Red Violet Inc. stock price gained 3.32% on the last trading day (Friday, 27th Nov 2020), rising from $22.92 to $23.68. Sign-up to receive the latest news and ratings for RDVT and its competitors with MarketBeat's FREE daily newsletter. Find high-quality stock photos that you won't find anywhere else. The company earned $3.91 million during the quarter. Buy Red Violet Inc stock (RDVT). Company insiders that have bought Red Violet stock in the last two years include Derek Dubner, James Patrick Reilly, Michael Brauser, Peter Benz, and Timothy Heydenreich Harned. To listen to the call, please dial (877) 665-6635 for domestic callers or (602) 563-8608 for international callers, using the passcode 1356743. Red Violet has a P/B Ratio of 7.59. red violet to Announce Third Quarter 2020 Financial Results. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Next Steps. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. The Investor Relations website contains information about Red Violet, Inc.'s business for stockholders, potential investors, and financial analysts. Plans; Investments; Free education; Help; Sign up Log in ‹ All Investments. Red Violet's stock was trading at $18.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World … * Gross profit increased 24% to $5.5 million. One share of RDVT stock can currently be purchased for approximately $27.72. All rights reserved. RED VIOLET ORD. Red Violet's stock is owned by a variety of retail and institutional investors. Wall Street analysts have given Red Violet a "N/A" rating, but there may be better short-term opportunities in the market. In most cases, corporate organizations will have multiple users and/or departments purchasing our solutions, however, we count the entire organization as a discrete customer. View all competitors. Vote “Outperform” if you believe RDVT will outperform the S&P 500 over the long term. Red Violet, Inc. Common Stock (RDVT) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. View which stocks are hot on social media with MarketBeat's trending stocks report. NASDAQ Updated Dec 1, 2020 9:00 PM Only 24.42% of the stock of Red Violet is held by institutions. * Adjusted EBITDA increased 84% to $2.1 million. The official website for Red Violet is www.redviolet.com. All rights reserved. © 2020 Verizon Media. (2) We define a user of FOREWARN as a unique person that has a subscription to use the FOREWARN service as of the last day of the period. Red Violet has a market capitalization of $336.80 million and generates $30.29 million in revenue each year. RDVT stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., and Morgan Stanley. Learn more. Invest in Red Violet Inc stock and others … See what's happening in the market right now with MarketBeat's real-time news feed. Discover new investment ideas by accessing unbiased, in-depth investment research, NasdaqGS - NasdaqGS Real Time Price. Our adjusted gross profit is calculated by using revenue, less cost of revenue (exclusive of depreciation and amortization). We empower clients across markets and industries to better execute all aspects of their business, from managing risk, recovering debt, identifying fraud and abuse, and ensuring legislative compliance, to identifying and acquiring customers. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 It excludes expansion revenue and revenue from FOREWARN. Adjusted EBITDA is a financial measure equal to net loss, the most directly comparable financial measure based on GAAP, excluding interest expense (income), net, depreciation and amortization, share-based compensation expense, and write-off of long-lived assets and others. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. The company was founded in 2017 and is headquartered in Boca Raton, Florida. 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