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Via Transportation reports Q3 revenue $109.65M, consensus $106.89M

Reports Q3 customer count of 713, an increase of 11% year-over-year. “We are pleased with the momentum of the business in our first quarter as a public company. Via‘s third quarter results demonstrate the durability of our rapid growth and the stickiness of our platform,” said Daniel Ramot, Via’s co-founder and CEO. “Our investment in innovation and focus on ensuring we deliver quantifiable ROI to our customers has enabled us to exceed expectations across all key growth metrics. At the same time, we continue to generate significant operating leverage in the business resulting in a continuous improvement to our Adjusted EBITDA margin. We also benefit from the unique characteristics of the government sector which provide high visibility as we look to the quarters ahead.”

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