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home / news releases / DAVE - Dave reports Q1 results

DAVE - Dave reports Q1 results

Dave Inc.

2023-05-09 17:15:10 ET

  • Dave press release ( NASDAQ: DAVE ): Q1 GAAP Net Loss of $14M
  • Revenue of $58.9M (+38.3% Y/Y).
  • Shares +6% AH.
  • 2023 Outlook:
  • Non-GAAP operating revenue between $235 million - $260 million, reflecting annual growth of 11% - 23%;
  • Non-GAAP variable margin to expand to 43% - 47%, representing approximately 200 bps - 600 bps improvement from 2022; and
  • Adjusted EBITDA (Loss) between ($50) million - ($35) million, improving approximately 43% - 60% from 2022.

For further details see:

Dave reports Q1 results
Stock Information
Company Name: Dave Inc.
Stock Symbol: DAVE
Market: NASDAQ
Website: dave.com
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