Inuvo, Inc., a provider of marketing technology, powered by artificial intelligence that serves brands and agencies, is providing shareholders with a financial update on its artificial intelligence platform, the IntentKey.
Following the integration with the AppNexus Platform in the first quarter of 2019, the IntentKey has continued to deliver strong results for clients with a sequential quarterly growth rate in 2019 that is expected to be approximately 35%. The IntentKey generated revenue of $1.3 million and $2.0 million during the first and second quarter of 2019, respectively. For the third and fourth quarters of 2019, the Company expects the IntentKey to generate revenue of $2.6 million and $3.5 million, respectively. For the full year 2019, Inuvo expects the IntentKey to generate approximately $9.4 million in revenue.