Ibotta reports Q1 adjusted EPS 24c, two estimates 26c

Reports Q1 revenue $82.5M, consensus $80.72M. “We started the year with strong operational momentum, delivering first quarter results that exceeded our expectations. This performance was driven by disciplined execution with our core product offering and the continued success of our LiveLift pilots,” said Ibotta (IBTA) CEO and Founder, Bryan Leach. “The expansion of the Ibotta Performance Network remains a core priority, and the addition of marquee publishers Uber and Giant Eagle significantly increases our reach across both third-party e-commerce delivery and traditional grocery. We believe the ongoing strengthening of our network and core product offerings has us well-positioned to return to year-over-year growth in the third quarter.”