SFT News and Press, Shift Technologies Inc Cl A From 03/29/23

2023-03-29 08:23:45 ET Draganfly DPRO -17% on proposed securities offering . SomaLogic SLGC -15% on Q4 earnings release . Shift Technologies SFT -15% on Q4 earnings release . Sharecare SHCR -12% on Q4 earnings release . Allarity Therapeu...

2023-03-29 08:19:02 ET Shift ( NASDAQ: SFT ) has received formal notice from the Nasdaq indicating that Shift has evidenced compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule. The notice indicated that as a result of the closing bid price of...

2023-03-28 22:40:21 ET Shift Technologies, Inc. (SFT) Q4 2022 Earnings Conference Call March 28, 2023, 17:00 ET Company Participants Susan Lewis - VP, IR Jeffrey Clementz - CEO & Director Oded Shein - CFO Conference Call Participants Richard Reid ...

2023-03-28 16:08:35 ET Shift Technologies press release ( NASDAQ: SFT ): Q4 GAAP EPS of $1.25 beats by $5.79 . Revenue of $65.6M (-66.6% Y/Y) misses by $7.61M . Gross profit per unit was $895; Adjusted gross profit per unit (“Adjusted GPU”) w...

SAN FRANCISCO, March 28, 2023 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, announced today that on March 22, 2023, the Company received formal notice from the Lis...

Sold 2,520 retail units and achieved $65.6 million in revenue Successfully closed the merger with CarLotz and transitioned to omnichannel selling model Regained compliance with Nasdaq Stock Market minimum bid price requirement SAN FRANCISCO, March 28, 2023 (GLOBE NEWSWIRE) -- Shift ...

2023-03-26 04:51:47 ET Summary Shift Technologies is in the middle of a strategy pivot while staring down significantly decreased revenues. It is facing an uphill battle on gross margin as used car prices have continued to decline, and this shrank to less than 1% in the most recen...

SAN FRANCISCO, March 09, 2023 (GLOBE NEWSWIRE) -- Shift (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, announced today that it will report its financial results for the fourth quarter 2022, ...

2023-03-07 13:22:15 ET Shift Technologies ( NASDAQ: SFT ) announced that it will effect a 1-for-10 reverse stock split of its Class A common stock, par value $0.0001 per share, effective Mar.8, 2023. It will continue to trade under the same symbol. The split ...

SAN FRANCISCO, March 07, 2023 (GLOBE NEWSWIRE) -- Shift Technologies, Inc. (Nasdaq: SFT) (the “Company” or “Shift”), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, announced tod...