RENT - Rent the Runway GAAP EPS of -$0.62 beats by $0.11 revenue of $64.1M beats by $0.81M
Rent the Runway press release (NASDAQ:RENT): Q4 GAAP EPS of -$0.62 beats by $0.11. Revenue of $64.1M (+91.3% Y/Y) beats by $0.81M. Q4 2021 revenue up 91% year-over-year, showcases business resilience. Ending Active Subscribers up 110% year-over-year. Significant increase in Gross Margin to 34% in fiscal year 2021, from 10% in fiscal year 2020. Strong Q1 2022 Ending Active Subscriber guidance and full year revenue outlook reflect powerful momentum and 2022 events boom Shares +7.87%.
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Rent the Runway GAAP EPS of -$0.62 beats by $0.11, revenue of $64.1M beats by $0.81M