Inuvo Narrows Q2 Losses on Rising Revenue, Falling Expenses
Inuvo Inc. has reported a notable improvement in revenue and expenses for the second quarter of 2024. The company’s revenue saw a significant increase of 23.6% year-over-year, contributing to a decrease in net losses by 48% to around .7 million. Inuvo also secured a .0 million credit line, providing added financial flexibility for future operations. With these positive financial developments, Inuvo’s future prospects seem promising, setting a strong foundation for further growth.