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. Red Violet's management team includes the following people: Start Your Risk-Free Trial Subscription Here, 3 Mid-Caps to Have in Your 2021 Portfolio, Trex (NYSE: TREX) is Under-the-Radar Play on Homebuilding Boom, Here’s Where to Get in on Tattooed Chef (NASDAQ: TTCF) Stock. Red Violet, Inc. (RDVT) CEO Derek Dubner on Q3 2020 Results - Earnings Call Transcript | Seeking Alpha. Red Violet Inc. historical stock charts and prices, analyst ratings, financials, and today’s real-time RDVT stock price. 151,877 matches. Billable customers are typically corporate organizations. At red violet, we believe that time is your most valuable asset. Red Violet's future stock price is the expected price of Red Violet stock. The company, one that is focused in the technology industry, is currently trading at $11.37 after a move down of -5.68% so far in today’s session. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. Some companies that are related to Red Violet include Talend (TLND), SecureWorks (SCWX), Opera (OPRA), Cango (CANG), QAD (QADB), MobileIron (MOBL), NCC Group (NCCGF), PDF Solutions (PDFS), Magic Software Enterprises (MGIC), Avid Technology (AVID), Grid Dynamics (GDYN), Landcadia Holdings II (LCA), American Software (AMSWA), iClick Interactive Asia Group (ICLK) and Benefitfocus (BNFT). Cancel. Red Violet (NASDAQ:RDVT) Earnings Information. Get short term trading ideas from the MarketBeat Idea Engine. SEE PRICING & PLANS. * Adjusted EBITDA increased 84% to $2.1 million. Title and Amount of Securities Underlying Derivative Security Red Violet, Inc. common stock : 2497982 : D : Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Red Violet, Inc. Common Stock (RDVT) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Real time Red Violet, Inc. (RDVT) stock price quote, stock graph, news & analysis. The Investor Relations website contains information about Red Violet, Inc.'s business for stockholders, potential investors, and financial analysts. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 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. Display Preferences . MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. (Add your “underperform” vote.). Find the latest Red Violet, Inc. (RDVT) stock quote, history, news and other vital information to help you with your stock trading and investing. Since then, RDVT stock has increased by 49.3% and is now trading at $27.54. Log In. ⬇ 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. Sign Up. Title and Amount of Securities Underlying Derivative Security (Instr. In depth view into RDVT (Red Violet) stock including the latest price, news, dividend history, earnings information and financials. At red violet, we believe that time is your most valuable asset. No need to register, buy now! You get the lowest-cost* trading on stocks, options, futures, forex, bonds and funds worldwide from a single integrated account. Export data to Excel for your own analysis. Show section. The company reported ($0.08) earnings per share for the quarter. Cumulative Growth of a $10,000 Investment in Stock … 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. RED VIOLET, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share data) (unaudited)    September 30, 2020  December 31, 2019  ASSETS:        Current assets:        Cash and cash equivalents$12,441  $11,776  Accounts receivable, net of allowance for doubtful accounts of $20 and $40 as of September 30, 2020 and December 31, 2019, respectively 2,920   3,543  Prepaid expenses and other current assets 616   722  Total current assets 15,977   16,041  Property and equipment, net 555   660  Intangible assets, net 26,977   24,034  Goodwill 5,227   5,227  Right-of-use assets 2,279   2,620  Other noncurrent assets 93   289  Total assets$51,108  $48,871  LIABILITIES AND SHAREHOLDERS' EQUITY:        Current liabilities:        Accounts payable$2,199  $2,138  Accrued expenses and other current liabilities 775   1,571  Current portion of operating lease liabilities 536   491  Current portion of long-term loan 1,059   -  Deferred revenue 180   128  Total current liabilities 4,749   4,328  Noncurrent operating lease liabilities 2,052   2,459  Long-term loan 1,093   -  Total liabilities 7,894   6,787  Shareholders' equity:        Preferred stock—$0.001 par value, 10,000,000 shares authorized, and 0 shares issued and outstanding, as of September 30, 2020 and December 31, 2019 -   -  Common stock—$0.001 par value, 200,000,000 shares authorized, 12,371,665 and 11,657,912 shares issued, 12,146,910 and 11,554,765 shares outstanding, as of September 30, 2020 and December 31, 2019 13   12  Treasury stock, at cost, 224,755 and 103,147 shares as of September 30, 2020 and December 31, 2019 (3,083)  (1,255) Additional paid-in capital 67,082   59,187  Accumulated deficit (20,798)  (15,860) Total shareholders' equity 43,214   42,084  Total liabilities and shareholders' equity$51,108  $48,871  RED VIOLET, INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in thousands, except share data) (unaudited)    Three Months Ended September 30,  Nine Months Ended September 30,   2020  2019  2020  2019  Revenue$9,267  $8,257  $25,623  $21,236  Costs and expenses(1):                Cost of revenue (exclusive of depreciation and amortization) 2,703   3,122   8,582   8,843  Sales and marketing expenses 2,217   1,925   6,139   5,428  General and administrative expenses 4,147   3,498   12,844   11,259  Depreciation and amortization 1,118   750   3,020   2,049  Total costs and expenses 10,185   9,295   30,585   27,579  Loss from operations (918)  (1,038)  (4,962)  (6,343) Interest (expense) income, net (7)  46   24   123  Loss before income taxes (925)  (992)  (4,938)  (6,220) Income taxes -   -   -   -  Net loss$(925) $(992) $(4,938) $(6,220) Loss per share:                Basic and diluted$(0.08) $(0.09) $(0.42) $(0.59) Weighted average number of shares outstanding:                Basic and diluted 12,072,716   10,917,673   11,758,907   10,497,036                                    (1) Share-based compensation expense in each category:                Sales and marketing expenses$151  $114  $460  $290  General and administrative expenses 1,702   1,293   5,956   5,000  Total$1,853  $1,407  $6,416  $5,290  RED VIOLET, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in thousands) (unaudited)    Nine Months Ended September 30,   2020  2019  CASH FLOWS FROM OPERATING ACTIVITIES:        Net loss$(4,938) $(6,220) Adjustments to reconcile net loss to net cash provided by operating activities:        Depreciation and amortization 3,020   2,049  Share-based compensation expense 6,416   5,290  Write-off of long-lived assets 117   30  Provision for bad debts 360   398  Noncash lease expenses 341   313  Interest expense 7   -  Changes in assets and liabilities:        Accounts receivable 263   (1,458) Prepaid expenses and other current assets 106   40  Other noncurrent assets 109   254  Accounts payable 61   235  Accrued expenses and other current liabilities (803)  (183) Deferred revenue 52   9  Operating lease liabilities (362)  (322) Net cash provided by operating activities 4,749   435  CASH FLOWS FROM INVESTING ACTIVITIES:        Purchase of property and equipment (98)  (71) Capitalized costs included in intangible assets (4,310)  (4,413) Net cash used in investing activities (4,408)  (4,484) CASH FLOWS FROM FINANCING ACTIVITIES:        Proceeds from issuance of shares, net of issuance costs -   7,436  Proceeds from long-term loan 2,152   -  Taxes paid related to net share settlement of vesting of restricted stock units (1,828)  -  Net cash provided by financing activities 324   7,436  Net increase in cash and cash equivalents$665  $3,387  Cash and cash equivalents at beginning of period 11,776   9,950  Cash and cash equivalents at end of period$12,441  $13,337  SUPPLEMENTAL DISCLOSURE INFORMATION        Cash paid for interest$-  $-  Cash paid for income taxes$-  $-  Share-based compensation capitalized in intangible assets$1,480  $526  Right-of-use assets obtained in exchange of operating lease liabilities$-  $3,042  Operating lease liabilities arising from obtaining right-of-use assets$-  $3,387  Use and Reconciliation 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. What do we do at Red Violet WE ARE A SOFTWARE AND SERVICES COMPANY SPECIALIZING IN BIG DATA ANALYSIS, PROVIDING CLOUD-BASED, MISSION-CRITICAL INFORMATION SOLUTIONS TO ENTERPRISES IN A VARIETY OF INDUSTRIES. Learn more. Red Violet Inc () Stock Market info Recommendations: Buy or sell Red Violet stock? Our mission is to transform data into intelligence utilizing our proprietary data fusion technology platform to solve complex problems for our clients. Cancel. 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. Red Violet, Inc. (US:RDVT) has 139 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). Red Violet, Inc. (NASDAQ:RDVT) announced its quarterly earnings results on Tuesday, November, 10th. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. * Increased customer adoption of idiCORE™ with over 380 new customers added to the platform in the third quarter. Red Violet has a P/B Ratio of 7.15. RED VIOLET, INC. : News, information and stories for RED VIOLET, INC. | Nasdaq: RDVT | Nasdaq S&P 500 0.00%. Red Violet's mailing address is 2650 NORTH MILITARY TRAIL SUITE 300, BOCA RATON FL, 33431. View the real-time RDVT price chart on Robinhood and decide if you want to buy or sell commission-free. Revenue is considered lost when all revenue from a customer ceases for three consecutive months; revenue generated by a customer after the three-month loss period is defined as reinstated revenue. Update: Red Violet (NASDAQ:RDVT) Stock Gained 71% In The Last Year. See what's happening in the market right now with MarketBeat's real-time news feed. 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. Fundamental company data provided by Morningstar and Zacks Investment Research. Date Exercisable and Expiration Date (MM/DD/YYYY) 3. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Red Violet share forecasts, stock quote and buy / sell signals below.According to present data Red Violet's RDVT shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Red Violet had a negative net margin of 29.25% and a negative return on equity of 17.66%. Red Violet, Inc. (Name of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securities) 75704L104 (CUSIP Number) Joshua B. Weingard, Esq. Red Violet, Inc. is a software and services company specializing in big data analysis, providing cloud-based, mission-critical information solutions to enterprises in a variety of industries. The following presents a detailed Red Violet stock price history for your review. One share of RDVT stock can currently be purchased for approximately $26.11. Mr. Dubner was appointed as Interim Chairman of the Board of Directors in September 2018 and as Chairman of the Board in April 2020. Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most – running their organizations with confidence. It is based on its current growth rate as well as the projected cash flow expected by the investors. Shares of RDVT can be purchased through any online brokerage account. Following the completion of the conference call, a replay will be available for approximately one week by dialing (855) 859-2056 or (404) 537-3406 with the replay passcode 1356743. View Red Violet, Inc. RDVT investment & stock information. Want to see which stocks are moving? The company was founded in 2017 and is headquartered in Boca Raton, Florida. Wählen Sie aus erstklassigen Inhalten zum Thema Princess Diana Red Violet in höchster Qualität. Nasdaq 42.541 Stk. Company profile page for Red Violet Inc including stock price, company news, press releases, executives, board members, and contact information Your Red Violet stock images are ready. * Gross profit increased 24% to $5.5 million. New Tailwind for Tesla (NASDAQ:TSLA): Have You Bought In Yet? To see all exchange delays and terms of use please see disclaimer. 4) 2. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Red Violet is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021. New users enjoy 60% OFF. Red Violet has a market capitalization of $317.24 million and generates $30.29 million in revenue each year. English. (3) Contractual revenue % represents revenue generated from customers pursuant to pricing contracts containing a monthly fee and any additional overage divided by total revenue. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Platform revenue increased 27% to $9.0 million. Red Violet, Inc. (RDVT) is gaining in the market today. May-07-19 04:15PM : red violet Announces First Quarter 2019 Financial Results. Red Violet, Inc. (RDVT) is headed up in the market today. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Through … But as . Services revenue decreased 75% to $0.3 million. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. While Red Violet lost money on an earnings before interest and tax (EBIT) level, it actually generated positive free cash flow US$35k. Warren Buffett famously said, 'Volatility is far from synonymous with risk.' Through powerful analytics, we transform data into intelligence, in a fast and efficient manner, so that our clients can spend their time on what matters most – running their organizations with confidence. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Red Violet share forecasts, stock quote and buy / sell signals below.According to present data Red Violet's RDVT shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). There is not enough analysis data for Red Violet. (9) Services revenue consists of transactional revenue generated from our idiVERIFIED service. MarketBeat just released five new trading ideas, but Red Violet wasn't one of them. View which stocks have been most impacted by COVID-19. red violet to Announce Third Quarter 2020 Financial Results. 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). Of MarketBeat 's past winning trading ideas, but red Violet 's stock price quote, data. Doing business company facts, information and financial analysts Violet a `` N/A '' rating, but there be! Pictures added every day media with MarketBeat 's trending stocks report the scroll bar or pinch zoom. Quality, affordable RF and RM images price quote with latest real-time prices, charts, financials, welcome... 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