Red Violet reported third-quarter revenue of $27.8 million, a 20% increase year-over-year, driven by strong demand for identity intelligence solutions. Net income rose 29% to $5.4 million, or $0.35 per share, while adjusted EBITDA increased 22% to $11.0 million. The company also closed an underwritten public offering of approximately 1.92 million shares, generating net proceeds of $108.7 million. Cash and investments totaled $165.7 million with no debt. Red Violet operates in the identity intelligence and analytics industry.
