Riskified Ltd reports results for the quarter ended September 30 - Earnings Summary

• Riskified Ltd RSKD.N reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of nine analysts for the quarter was for earnings of 2 cents per share. Wall Street expected results to range from 1 cents to 2 cents per share.

• Revenue rose 9.7% to $78.85 million from a year ago; analysts expected $75.03 million.

• Riskified Ltd's reported EPS for the quarter was a loss of 6 cents​.

• The company reported a quarterly loss of $9.7 million.

• Riskified Ltd shares had fallen by 9.3% this quarter and lost 8.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Riskified Ltd is 5.00

This summary was machine generated from LSEG data November 13 at 03:25 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)