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Inuvo, Inc.
INUV today announced that the company reported $5.1 million in preliminary unaudited revenue for August 2012. This represents an increase of over 10% compared to the previously announced $4.6 million of preliminary unaudited revenue for July 2012.
“Inuvo's growth in revenue and gross margins in the last two months, provides evidence that our strategic initiatives are gaining traction,” stated Peter Corrao, Chief Executive Officer of Inuvo. “The increased revenue is a result of expansion of our alOt live user base and search queries within Tier 1 markets and the progress made in our local owned and operated publisher website initiatives."
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