ACCESS Newswire (NYSEAMERICAN:ACCS) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

ACCESS Newswire (NYSEAMERICAN:ACCS) released its earnings results on Tuesday. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05, FiscalAI reports. ACCESS Newswire had a positive return on equity of 4.88% and a negative net margin of 7.63%. The company had revenue of $5.51 million for the quarter.

Here are the key takeaways from ACCESS Newswire’s conference call:

• Q3 revenue fell 4% year over year to $5.5 million, as core press-release volume declined 15% from a year earlier amid a softer market. Subscription and newer product revenue partly offset the weakness.
• Subscription revenue reached 60% of total revenue; subscribing customers rose to 1,213 after 115 additions in the quarter, and average ARR per subscriber increased 6% year over year to $12,331.
• Despite lower revenue, gross margin was 75% and adjusted EBITDA was $829,000, or 15% of revenue; operating cash flow was $469,000, and the company ended the quarter with nearly $3 million in cash.
• A $1.5 million restructuring completed in October is expected to deliver about $300,000 in savings in Q4, with the full benefit beginning in Q1 2027. Management said the changes are intended to support cash generation and profitability.
• The company is introducing SPOT AI tools and a $249-per-month SMB plan, with add-ons intended to increase customer spending and per-release gross margins. Adoption is described as encouraging, but management’s targets—including a return to revenue growth in 2027—remain forward-looking.

ACCESS Newswire Trading Up 3.5%

Shares of NYSEAMERICAN:ACCS opened at $3.47 on Wednesday. The stock has a 50 day moving average of $4.54 and a 200 day moving average of $6.43. The company has a market cap of $13.28 million, a PE ratio of -7.77 and a beta of 0.47. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.04. ACCESS Newswire has a 12-month low of $3.21 and a 12-month high of $11.34.

Insider Buying and Selling

In other news, CEO Brian R. Balbirnie purchased 10,000 shares of the business’s stock in a transaction on Friday, August 14th. The stock was acquired at an average price of $4.95 per share, for a total transaction of $49,500.00. Following the acquisition, the chief executive officer directly owned 644,667 shares of the company’s stock, valued at $3,191,101.65. This represents a 1.58% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 25.03% of the company’s stock.

Hedge Funds Weigh In On ACCESS Newswire

A hedge fund recently raised its position in ACCESS Newswire stock. Punch & Associates Investment Management Inc. raised its holdings in shares of ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) by 7.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 152,410 shares of the company’s stock after purchasing an additional 10,000 shares during the period. Punch & Associates Investment Management Inc. owned 3.93% of ACCESS Newswire worth $1,350,000 at the end of the most recent quarter. 50.02% of the stock is currently owned by institutional investors.

ACCESS Newswire Company Profile

ACCESS Newswire is a communications technology company that provides news distribution and media outreach services for public companies, private businesses, government organizations and other institutions. Its platform is designed to help clients distribute corporate announcements, press releases and multimedia content to journalists, news organizations, investors and other audiences. The company’s offerings include press release distribution, media targeting, online newsroom tools, multimedia content distribution and related corporate communications services.