Fluent jumps 55% afterhours

Interesting to see how this behaves tomorrow, hit the infamous sell zone after hours (fibonacci .382 )
Fluent (NASDAQ:FLNT) has jumped 44.3% after hours following the release of preliminary numbers for its Q4 and 2019.

It anticipates Q4 revenue of $79.1M-$80.1M (above a couple of analysts' estimates for $64.4M), and now expects full-year revenue at $280.8M-$281.8M - Y/Y growth of 12%, and higher than previous guidance for $265M-$267M (and analyst expectations for $266M).

Media Margin is seen at $25.7M-$26.7M for Q4, and $93M-$94M for the full year (up from guidance for $87M-$88M).

"The improvement in our core commercial trending we noted in early November gained considerable further traction as the quarter progressed, closing out the year on a particularly strong note," says CEO Ryan Schulke.
Source Seeking alpha

Fluent , Inc. provides scalable, data-driven performance marketing and customer acquisition services. It creates marketing programs. The company was founded in 2005 and is headquartered in New York , NY.
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