ACCESS Newswire reports Q1 continuing operations EPS (20c) vs. (21c) last year

Reports Q1 revenue $5.48M vs. $5.57M last year. “There has been a lot of activity in the first quarter of this year, and we’re pleased to report a significant increase in Adjusted EBITDA, gross margins and continued positive cash flow from operations. We believe the sale of our Compliance business, which closed at the end of February, positions us well as a focused, standalone Communications platform subscription company – just as we’ve outlined in our strategic goals. As we move past the Compliance business transition, we can fully turn our attention to our Communication’s business growth, product innovation, and further aligning toward our goal of having 75% of our revenue come from subscription customers by the end of 2025,” said Brian R. Balbirnie, ACCESS Newswire’s (ACCS) founder and CEO.