WEJO - Wejo Group GAAP EPS of -$0.43 misses by $0.14 revenue of $0.57M misses by $1.18M

Wejo Group press release (NASDAQ:WEJO): Q1 GAAP EPS of -$0.43 misses by $0.14. Revenue of $0.57M (+83.9% Y/Y) misses by $1.18M. Gross Bookings increased over 300% to $6.4M; Gross Billings increased 138% to $1.9M. Annual Recurring Revenue increased 45% to $4.5M. The company is maintaining its FY2022 guidance on net revenue of more than $10M, Adjusted EBITDA loss of $110M to $120Mand vehicles on platform in the range of 27M to 32M.

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Wejo Group GAAP EPS of -$0.43 misses by $0.14, revenue of $0.57M misses by $1.18M