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ACCESS Newswire's sales fell 2% last quarter to $5.5 million, while subscription revenue grew to 60%.

ResultsRead the original at Benzinga
Neutral

ACCESS Newswire's sales fell as press-release volumes dropped, but subscriptions and customer numbers grew, and gross margin held steady. Planned savings and new products are not yet proven, so the report gives mixed signs.

ACCS · ACCESS Newswire

AI read · Neutral

The AI's read

Fewer press releases hurt sales, but subscriber growth, more customers, and steady gross margin show strength elsewhere. The company also reported $829,000 in adjusted profit before interest, taxes, and certain non-cash costs. October's planned savings and Spot AI could help later, but neither has yet shown results.

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