Fluent rises on forecast for core profitability and revenue growth in 2026

** Shares of commerce media solutions company Fluent FLNT.O rise 28.95% to $2.93 after the bell

** Company expects adjusted core profit in the fourth quarter of 2025, as well as double-digit revenue growth and adjusted core profit for the full year 2026

** "We expect to continue to drive substantial growth through the back half of the year as we go live with top-tier media partners like Authentic Brands Group" - CEO Don Patrick

** For Q2, company reports adjusted EBITDA loss of $2.8 million

** Separately, FLNT announces $10.3 million private placement of securities

** FLNT currently intends to use the net proceeds from the private placement for working capital and general corporate purposes

** Shares down ~10% YTD