Fluent Q2 revenue falls 25% as Florida price compression weighs, management says
Reuters2026/08/24 18:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Fluent posted Q2 2026 revenue of USD 17.12 million, down 25% year over year, citing Florida price compression.
- Adjusted gross profit fell to USD 4.32 million from USD 8.85 million, cutting adjusted gross margin to 25.2% from 38.8%.
- Gross profit rose to USD 8.19 million from USD 5.67 million, driven by favorable biological-asset fair value movements despite weaker sales.
- SG&A declined to USD 10.25 million from USD 12.27 million on lower selling and marketing costs tied to headcount reductions.
- Finance costs increased to USD 6.65 million from USD 5.57 million, contributing to a wider net loss from continuing operations of USD 11.14 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fluent Corp. published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.
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