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ACCESS Newswire Inc.

ACCESS Newswire Inc. provides public relations and investor relations solutions in the United States and internationally. Its offerings include press release distribution, media databases and pitching, media monitoring, and a media room, as well as the ACCESS Newswire news dissemination and media outreach solution and the Webcaster Platform for live and on-demand webcasts, webinars, and virtual meetings. The company also provides conference and events software, a mobile app for meetings and scheduling, an investor relations content network with data feeds, and a whistleblower hotline system. It serves public and private companies. Formerly known as Issuer Direct Corporation, it changed its name to ACCESS Newswire Inc. in January 2025. The company was incorporated in 1988 and is headquartered in Raleigh, North Carolina.

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ACCESS Newswire reports Q2 revenue of $5.6 million, a 5% sequential increase

ACCESS Newswire reported second-quarter 2026 revenue of $5.6 million, a 5% sequential increase from $5.3 million in the first quarter, driven by seasonal press release volume. Core press release revenue grew 2% year over year to $4.1 million, while average annual recurring revenue per subscription customer rose 15% to $12,718. Gross margin declined to 73% from 76% a year earlier due to higher distribution costs, and the company posted a GAAP net loss from continuing operations of $354,000, or $0.09 per diluted share. Adjusted EBITDA was $600,000, or 11% of revenue, down from $800,000 a year ago. The company repurchased 40,000 shares for $300,000 during the quarter and ended with a cash balance of $3 million.
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ACCESS Newswire targets 125 to 150 bps cost of revenue improvement in H2 2026

ACCESS Newswire Inc. outlined plans to reduce cost of revenues by approximately $150,000 in the second half of 2026, aiming for a 125 to 150 basis point improvement. CFO Steven Knerr and CEO Brian Balbirnie said the initiatives are expected to help move gross margins back into the higher 70% range. The company reported second-quarter revenue of $5.6 million, up 5% sequentially, with gross margin at 73% of revenue, pressured by higher press release distribution costs. ACCESS Newswire also repurchased 40,000 shares for a little over $300,000 during the quarter and plans to use roughly $300,000 remaining in the current repurchase plan this quarter, with another plan possible if conditions align.
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