CreditRiskMonitor Q1 Net Income Plunges 63% to $58K, Revenue Up 2.4%
CRMZ is trading near its 52-week low of $2.01 (12% above the low) on light trading volume (0.1× avg).
Summary
CreditRiskMonitor.com, Inc. reported its first-quarter 2026 results, showing a modest 2.4% year-over-year revenue increase to $4.99 million. However, net income significantly declined by 63.3% to $58.31 thousand, with diluted EPS remaining flat at $0.01. The substantial drop in profitability, despite revenue growth, is a key concern for investors. Management indicated plans to increase spending on sales, marketing, and product development, which could further impact short-term earnings but aims to drive future growth and expand product offerings.
At the time of this announcement, CRMZ was trading at $2.25 on OTC in the Technology sector, with a market capitalization of approximately $24.2M. The 52-week trading range was $2.01 to $3.35. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.