- Expensify press release ( NASDAQ: EXFY ): Q2 GAAP EPS of -$0.10 misses by $0.02 .
- Revenue of $43.16M (+22.3% Y/Y) misses by $0.49M .
- The company experienced its strongest quarter for paid member growth to date, generated year-over-year interchange growth from the Expensify Card of 142% and saw positive operating cash flow of $27.2 million for the quarter.
- Non-GAAP net income was $6.1 million.
- Adjusted EBITDA was $11.7 million, with an Adjusted EBITDA margin of 27%.
- Shares -16.67% .
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Expensify GAAP EPS of -$0.10 misses by $0.02, revenue of $43.16M misses by $0.49M