- MoneyLion press release ( NYSE: ML ): Q2 Net loss of $23M
- Revenue of $84.1M (+120.2% Y/Y) beats by $3.96M .
- Shares +3.1% PM.
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FY Guidance: Adjusted Revenue of approximately $330 to $340 million, reflecting 103% year-over-year growth at the midpoint; Adjusted Gross Profit margin of 55% to 60%; Adjusted EBITDA of approximately ($65) to ($55) million; Targeting to exit 2022 with breakeven Adjusted EBITDA
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Q3 Guidance: Adjusted Revenue of $85 to $90 million, reflecting 108% year-over-year growth at the midpoint; Adjusted Gross Profit margin of 55% to 60%; Adjusted EBITDA of ($15) to ($10) million
For further details see:
MoneyLion reports Q2 results