Inuvo Q1 Adj. EPS $(0.29) Misses $(0.18) Estimate, Sales $7.928M Miss $10.566M Estimate. Adj.EPS excludes $6.2 million, reflecting gross proceeds associated with a one-time, non-recurring settlement of a class action lawsuit.
Inuvo (AMEX:INUV) reported quarterly losses of $(0.29) per share which missed the analyst consensus estimate of $(0.18) by 61.11 percent. This is a 222.22 percent decrease over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $7.928 million which missed the analyst consensus estimate of $10.566 million by 24.96 percent. This is a 70.32 percent decrease over sales of $26.708 million the same period last year.
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