Red Violet Q4 revenue rises 20%

Overview

• Analytics provider's Q4 revenue rose 20% yr/yr to $23.4 mln

• Adjusted EPS for Q4 increased to $0.21

• Company repurchased 57,812 shares under its Stock Repurchase Program

Outlook

• Red Violet did not provide specific financial guidance for 2026

Result Drivers

• CLOUD-NATIVE ARCHITECTURE - Co attributes 20% revenue growth to its cloud-native architecture and AI capabilities

• CUSTOMER GROWTH - Added 169 customers to IDI and 17,809 users to FOREWARN during Q4

• HIGHER-TIER CUSTOMERS - Increase in higher-tier customers contributing over $100,000 in revenue

Company press release: ID:nGNX4RzWtN

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the software peer group is "buy"

• Wall Street's median 12-month price target for Red Violet Inc is $68.50, about 54.8% above its March 3 closing price of $44.25

• The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 43 three months ago

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