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Summary Rent the Runway, Inc. delivered very welcome guidance. Its topline once again is moving in the right direction. Its EBITDA line delivered some very welcome news. Rent the Runway expects to end 2022 with positive EBITDA. Notwithstanding the challenging environment, Rent the R...
Rent the Runway, Inc. (RENT) Q3 2022 Earnings Conference Call December 7, 2022, 4:30 PM ET Company Participants Jackie Blatt - Head, Investor Relations Jennifer Hyman - Co-Founder and CEO Scarlett O’Sullivan - Chief Financial Officer Conference Call Partic...
The following slide deck was published by Rent the Runway, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Rent the Runway, Inc. 2022 Q3 - Results - Earnings Call Presentation
Strong quarterly sales and a boost to its full-year guide sent shares of Rent the Runway ( NASDAQ: RENT ) surging upward in Wednesday’s extended session. The company notched record revenue for the quarter, up 31% from the prior year quarter to $77.4M. That figure came i...
Rent the Runway press release ( NASDAQ: RENT ): Q3 GAAP EPS of -$0.56 in-line. Revenue of $77.4M (+31.2% Y/Y) beats by $4.14M . For the fourth quarter of fiscal year 2022, Rent the Runway expects: Revenue in the range of $72 million to $74 million vs $71.83M Cons...
Achieved record quarterly Revenue: Q3 2022 Revenue up 31% YoY Significant progression in Gross Margin to 41%, up 7 percentage points YoY Q3 2022 Net Loss of $(36.1)M vs. $(87.8)M in Q3 2021; Q3 2022 includes $5.8M of restructuring-related charges Strong Adj...
New York, New York--(Newsfile Corp. - November 21, 2022) - Levi & Korsinsky, LLP notifies investors in Rent the Runway, Inc. ("Rent the Runway" or the "Company") (NASDAQ: RENT) of a class action securities lawsuit. The lawsuit on behalf of Rent the Runway investors has been commenced in...
NEW YORK, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Rent the Runway, Inc. (“Rent the Runway”) (Nasdaq: RENT) announced today that it will release its third quarter 2022 financial results for the quarter ended October 31, 2022 on Wednesday, December 7, 2022, after market close. Rent th...
NEW YORK, NY / ACCESSWIRE / November 16, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Rent the Runway, Inc. ("Rent the Runway" or the "Company") (NASDAQ:RENT) and reminds investors of the January 13, 2023 deadline to seek ...
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Rent the Runway To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - November 15, 2022) - Faruqi & Faruqi, LLP, a leading national securitie...
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2024-06-27 02:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
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Exceeded Revenue and Adjusted EBITDA Guidance for Q1 2024. Improved Business Momentum in Q1 2024. Record Low Quarterly Cash Consumption in Q1 2024. Reiterates Expectation for Revenue Growth and Free Cash Flow Breakeven in FY 2024. NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- Rent the...