Debt And Compliance IssuesThe delay in filing was a result of efforts to attain an amendment to its credit facility, finishing the quarter out of compliance with the new leverage covenants.
Financial PerformanceFluent's second quarter revenues fell to $58.7 million, 29% below a year ago.
Regulatory ChallengesRegulatory concerns over consumer consent in marketing have limited the company’s ability to market its owned services and execute on its traditional performance marketing operations.