Upstart revenue falls by half, earnings outlook underwhelms

📆 15/02/2023 02:21:00
📰 MarketWatch

⏱ Reading Time:
27 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Upstart topped expectations for its latest quarter but forecast revenue for the current quarter that came in sharply below what analysts were anticipating.

Upstart Holdings Inc. topped expectations for its latest quarter Tuesday but forecast revenue for the current quarter that came in sharply below what analysts were anticipating.

On... Upstart Holdings Inc. topped expectations for its latest quarter Tuesday but forecast revenue for the current quarter that came in sharply below what analysts were anticipating. On an adjusted basis, Upstart UPST lost 25 cents a share, whereas it earned 89 cents a share in the year-earlier fourth quarter. Analysts tracked by FactSet were anticipating a 47-cent loss per share after adjustments.

See also: Upstart is ‘perhaps an idea ahead of its time’ but its stock is too volatile now, analyst warns

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Axsome’s stock falls after disclosing Teva’s plans to market generic AuvelityShares of Axsome Therapeutics Inc. tumbled about 10.0% in premarket trading on Monday after the company said in a securities filing that Teva Pharmaceutical...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »