CSPR - Casper Sleep EPS in-line beats on revenue; issues guidance

Casper Sleep (CSPR): Q1 GAAP EPS of -$0.52 in-line.Revenue of $127.7M (+13.0% Y/Y) beats by $2.68M.Outlook: In the second quarter 2021, the Company expects revenue of ~$146 to $153 million vs. consensus of $134.13M, net loss of ~ $18 to $15 million, and Adjusted EBITDA loss of ~$7 to $4 million. At the mid-point, this revenue range represents 36% growth and 42% North America revenue growth in the second quarter 2021. For the full year 2021, the Company expects revenue of ~$580 to $610 million vs. consensus of $596.85M. At the mid-point, this revenue range represents 20% growth and 23% North America revenue growth for 2021.Shares +4.75% PM.Press Release

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Casper Sleep EPS in-line, beats on revenue; issues guidance