Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
27 March 2018Website:
http://www.redviolet.comNext earnings report:
06 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:09:06 GMTDividend
Analysts recommendations
Institutional Ownership
RDVT Latest News
Red Violet (RDVT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Interactive Data, LLC (“IDI”), a red violet company (NASDAQ: RDVT), and trailblazer in identity verification and risk mitigation, today announced it has been awarded the General Services Administration (GSA) MAS8F 47QSWA18D008F contract (https://www.carahsoft.com/idi) through its strategic alliance with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. As of August 6, 2024, government agencies are now able to procure IDI's next-generation investigative solution, idiCORE™, and associated IDI products and services with ease and confidence through Carahsoft's GSA Schedule contract. This strategic alliance is a significant step in IDI's commitment to deliver innovative solutions and drive operational success and security for the public sector and the nation at large.
BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Interactive Data, LLC (“IDI”), a red violet company (NASDAQ: RDVT), and trailblazer in identity verification and risk mitigation, today announced it has been awarded the General Services Administration (GSA) MAS8F 47QSWA18D008F contract (https://www.carahsoft.com/idi) through its strategic alliance with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. As of August 6, 2024, government agencies are now able to procure IDI's next-generation investigative solution, idiCORE™, and associated IDI products and services with ease and confidence through Carahsoft's GSA Schedule contract. This strategic alliance is a significant step in IDI's commitment to deliver innovative solutions and drive operational success and security for the public sector and the nation at large.
BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Interactive Data, LLC (“IDI”), a red violet company (NASDAQ: RDVT), and trailblazer in identity verification and risk mitigation, today announced it has been awarded the General Services Administration (GSA) MAS8F 47QSWA18D008F contract (https://www.carahsoft.com/idi) through its strategic alliance with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. As of August 6, 2024, government agencies are now able to procure IDI's next-generation investigative solution, idiCORE™, and associated IDI products and services with ease and confidence through Carahsoft's GSA Schedule contract. This strategic alliance is a significant step in IDI's commitment to deliver innovative solutions and drive operational success and security for the public sector and the nation at large.
Adjusted for one-time impacts, revenue growth accelerated year over year to 23% in Q2. The corresponding EBITDA margin achieved was 32% as the company leverages its largely fixed cost base. I raise my price target to $34 and believe that the company's move further upmarket will unlock even greater opportunities.
Red Violet, Inc. (NASDAQ:RDVT ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Camilo Ramirez - Senior Vice President of Finance and Investor Relations Derek Dubner - Chairman and Chief Executive Officer Dan MacLachlan - Chief Financial Officer Conference Call Participants Josh Nichols - B. Riley Operator Good day, ladies and gentlemen, and welcome to Red Violet's Second Quarter 2024 Earnings Conference Call.
Red Violet, Inc. (RDVT) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.10 per share a year ago.
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.
Red Violet (RDVT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Red Violet's shares have experienced a recent decline in value, despite the company's strong business performance. Revenue has increased by 15%, and profitability is projected to grow even more rapidly because of its fixed cost structure. With skilled leadership in place, Red Violet has numerous prospects for success in the future.
What type of business is Red Violet?
Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as well as helps professionals to identify and mitigate risk. The company serves financial services, insurance, healthcare, retail, telecommunication companies, law enforcement and government agencies, collections, law, corporate security, and investigative firms. It markets its products and services through value-added distributors, resellers, and strategic partners; and trade shows and seminars, advertising, public relations, distribution of sales literature, and product specifications and ongoing communication with prospective customers, distributors, resellers, strategic partners, and installed base of current customers, as well as through direct sales. The company was incorporated in 2017 and is headquartered in Boca Raton, Florida.
What sector is Red Violet in?
Red Violet is in the Technology sector
What industry is Red Violet in?
Red Violet is in the Software Application industry
What country is Red Violet from?
Red Violet is headquartered in United States
When did Red Violet go public?
Red Violet initial public offering (IPO) was on 27 March 2018
What is Red Violet website?
https://www.redviolet.com
Is Red Violet in the S&P 500?
No, Red Violet is not included in the S&P 500 index
Is Red Violet in the NASDAQ 100?
No, Red Violet is not included in the NASDAQ 100 index
Is Red Violet in the Dow Jones?
No, Red Violet is not included in the Dow Jones index
When was Red Violet the previous earnings report?
No data
When does Red Violet earnings report?
The next expected earnings date for Red Violet is 06 November 2024