2023-08-08 16:32:07 ET
- BARK press release ( NYSE: BARK ): FQ1 Non-GAAP EPS of -$0.05 beats by $0.03 .
- Revenue of $120.6M (-8.1% Y/Y) misses by $0.95M .
- Shares -2.78% .
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Fiscal Second Quarter and Full Year 2024 Financial Outlook
Based on current market conditions as of August 8, 2023, BARK is providing guidance for revenue and Adjusted EBITDA, which is a Non-GAAP financial measure, as follows.
For the fiscal second quarter 2024, we expect:
- Total revenue of $123 to $127 million, vs. consensus of $129.30M.
- Adjusted EBITDA of $(3) million to $(1) million.
For the fiscal full year 2024, we expect:
- Total revenue of flat to (5)% year-over-year, unchanged from the Company's prior guidance, vs. consensus of $522.67M.
- Adjusted EBITDA of $(8) million to $2 million, unchanged from the Company's prior guidance.
For further details see:
BARK Non-GAAP EPS of -$0.05 beats by $0.03, revenue of $120.6M misses by $0.95M