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ACCESS Newswire Reports Fourth Quarter and Full Year 2024 Results

1. Q4 2024 revenue increased 1% to $5.8M with improved cash flow. 2. Company rebranded as ACCESS Newswire Inc, enhancing market presence.

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$9.2503/25 08:35 AM EDTEvent Start

$9.3403/26 02:54 PM EDTLatest Updated
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FAQ

Why Bullish?

The modest revenue growth and improved cash flow indicate operational stability. Historical data shows that such financial health often leads to positive stock performance.

How important is it?

The financial improvement and rebranding are critical for the company's growth trajectory, which can attract investors.

Why Short Term?

The immediate financial results and rebranding may positively affect investor sentiment in the short-term, as seen in previous quarters following strategic changes.

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Revenue increased 1% to $5.8M Adjusted EBITDA increased $900,000 to $871,000 in Q4 2024 Cash flow from operations increased to $353,000 from $(236,000) in Q4 2023 Rebranded to ACCESS Newswire Inc, effective January 27, 2025 Compliance business was sold for $12.5M on February 28, 2025 Subscriptions increased to 1,124 from 1,053 in Q4 2023 RALEIGH, NC / ACCESS Newswire / March 25, 2025 / ACCESS Newswire Inc. (NYSE American:ACCS) (the "Company"), a leading communications company, today reported its operating results for the three months and full year ended December 31, 2024. "Our core business grew modestly in the fourth quarter.

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