Access Newswire Inc. released its financial results for the second quarter of 2025, reporting a total revenue of $5.621 million. This represents a 7% decrease from $6.020 million in the same quarter of 2024 but marks a 3% increase from $5.476 million in the first quarter of 2025. The year-over-year decline in revenue is attributed to slight decreases across various product lines, including a 4% decrease in revenue from the core press release business due to product mix, despite an increase in volume. However, press release revenue saw a 5% increase from the first quarter of 2025. The company recorded a net loss from continuing operations of $239,000 for the second quarter of 2025, an improvement from a net loss of $683,000 in the same period of the previous year. Access Newswire's CEO, Brian R. Balbirnie, highlighted the company's ongoing transition to a subscription-based model, which is believed to be delivering greater value to customers and building a sustainable business. The company reported a return of adjusted EBITDA to mid-teen percentages of revenue, at 15% for the quarter, which is a key focus for the remainder of the year. The company also noted strong gross margins and an increase in the number of subscription customers as part of its strategic priorities.
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. Access Newswire Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1059179) on August 12, 2025, and is solely responsible for the information contained therein.
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