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hmanxx
2023-08-09

What figures to trust, the report quoting 1 cent in profit.

Upstart Tumbled Over 23% in Morning Trading As Its Revenue and Earnings Missed Forecasts for the Current Quarter

$Upstart Holdings, Inc.$ tumbled over 23% in morning trading as its revenue and earnings missed forecasts for the current quarter.It reported a second-quarter net loss of $28.2 million, or 34 cents a share, compared with a loss of $29.9 million, or 36 cents a share, in the year-earlier period. Revenue fell to $136 million from $228.2 million.For the third quarter, it expects $140 million in revenue, while analysts had been anticipating $155 million. The company also models $5 million in adjusted

Upstart Tumbled Over 23% in Morning Trading As Its Revenue and Earnings Missed Forecasts for the Current Quarter

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Revenue fell to $136 million from $228.2 million.</p><p>For the third quarter, it expects $140 million in revenue, while analysts had been anticipating $155 million. The company also models $5 million in adjusted earnings before interest, taxes, depreciation and amortization (Ebitda), while analysts were looking for $9.6 million in adjusted Ebitda.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191104891","content_text":"Upstart Holdings, Inc. tumbled over 23% in morning trading as its revenue and earnings missed forecasts for the current quarter.It reported a second-quarter net loss of $28.2 million, or 34 cents a share, compared with a loss of $29.9 million, or 36 cents a share, in the year-earlier period. Revenue fell to $136 million from $228.2 million.For the third quarter, it expects $140 million in revenue, while analysts had been anticipating $155 million. The company also models $5 million in adjusted earnings before interest, taxes, depreciation and amortization (Ebitda), while analysts were looking for $9.6 million in adjusted Ebitda.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":49,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}