UPST - Upstart Stock Is Tumbling Wednesday: What's Going On? | Benzinga
Upstart Holdings Inc (NASDAQ: UPST) shares are falling Wednesday after the company reported worse-than-expected financial results. Here's a rundown of the report.
- Q3 Revenue: $134.56 million missed estimates of $140.26 million
- Q3 EPS: 5 cent loss missed estimates for a 2 cent loss
Total revenues were down 14% year-over-year. Fee revenue was down 18%.
Upstart said lending partners originated 114,464 loans across its ...