Inuvo (INUV) Reports Prelim Q2 Revenue of $18.3M

Inuvo, Inc. (NYSE: INUV), an advertising technology company, today announced for the 2017 second quarter preliminary revenue of $18.3 million, adjusted EBITDA of $167 thousand, and GAAP net loss of $1.4 million which includes approximately $1.4 million of non-cash operating expenses and non-recurring costs related to the NetSeer acquisition. Revenue during this period increased 16.8% compared to the same second quarter period of the year prior.

"As we near the completion of the integration of NetSeer, we remain excited about our ability to leverage the resources, technologies and relationships that were acquired in the transaction," stated Rich Howe, Executive Chairman of Inuvo. "As our industry consolidates, we believe we are well positioned to take advantage of the changes going on within our markets. We remain committed to scaling the business while maintaining fiscally responsible adjusted EBITDA objectives."

The Company is in the process of finalizing its financial statements and expects to announce its comprehensive final financial results for the 2017 second quarter on August 8, 2017 via press release and Form 10-Q with the SEC. Mr. Richard Howe, President and Chief Executive Officer, and Mr. Wally Ruiz, Chief Financial Officer, will host a conference call the same day at 4:15 p.m. (ET).

Conference Call Information: Date: Tuesday, August 8, 2017 Time: 4:15 p.m. ET Domestic Dial-in number: 1-888-259-8544 International Dial-in number: 1-913-312-0958 Live webcast: http://public.viavid.com/player/index.php?id=125426

A telephone replay will be available through August 22, 2017. To access the replay, please dial 1-844-512-2921 (domestic) or 1-412-317-6671 (international). At the system prompt, enter the code 1976309 followed by the # sign. You will then be prompted for your name, company and phone number. Playback will then automatically begin.

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