Reports Q3 revenue $150.8M, consensus $133.5M. “We delivered another record quarter in Q3, reflecting the continued strength of customer demand and the scalability of our platform. Revenue grew over 60% year-over-year for the second consecutive quarter and Adjusted EBITDA more than doubled for the fourth straight quarter,” said Jason Wilk, Founder and CEO of Dave (DAVE). “Continued ARPU expansion, accelerating MTM growth, and solid credit performance-which remained squarely within our guardrails-further advanced our strategy to maximize gross profit.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DAVE:
- DAVE Upcoming Earnings Report: What to Expect?
- 3 Strong Buy-Rated Stocks Boasting a ‘Perfect 10’ Smart Score
- Dave appoints Barrile as Chief Product Officer
- Looking for Growth? 3 Russell 2000 Stocks with ‘Strong Buy’ Ratings to Watch Now
- Dave credit concerns related to Upstart misplaced, says Benchmark
