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2023-05-10 11:56:43 ET Upstart Holdings ( NASDAQ: UPST ) stock soared 30% in Wednesday midday trading after the AI-powered lending platform posted better-than-expected Q1 earnings, issued strong Q2 guidance, and secured more than $2B in funding agreements. Those agreemen...
2023-05-10 09:54:00 ET Financial technology (or fintech) company Upstart (NASDAQ: UPST) reported its financial results for the first quarter of 2023 after the market closed yesterday. And as of this writing, Upstart stock is up a whopping 33% when markets opened this morning. Up...
2023-05-10 09:20:00 ET Summary At first blush, the Upstart Holdings, Inc. Q1 2023 earnings released last night hardly appeared bullish, with revenue growth down 66% YOY. Yet underneath the surface lay a transformational quarter after a long tortuous year of macro headwinds coupled...
2023-05-10 08:45:12 ET Summary Upstart delivered solid 1Q23 results as revenue beat due to long-term funding and operating expenses beat due to workforce reductions and improved efficiency. Guidance was also solid as management expects breakeven in adjusted EBITDA by next quarter ...
2023-05-10 05:32:00 ET PayPal ( NASDAQ: PYPL ) and Upstart ( NASDAQ: UPST ) stock prices diverged after they published their earnings this week. Upstart shares jumped by 40% in extended hours to $19.66 while PayPal stock crashed by more than 12% on Tuesday. Which is a better buy...
2023-05-10 03:23:30 ET Summary Upstart's contribution margins dramatically expand year-over-year and are guided for further improvement next quarter. Upstart's business model now appears more stable than it's been for a while. Management appears to have come to terms with the ...
2023-05-09 22:30:26 ET Image source: The Motley Fool. Upstart (NASDAQ: UPST) Q1 2023 Earnings Call May 09, 2023 , 4:30 p.m. ET Operator Continue reading For further details see: Upstart (UPST) Q1 2023 Earnings Call Transcript
2023-05-09 20:54:03 ET Upstart Holdings, Inc. (UPST) Q1 2023 Earnings Conference Call May 9, 2023 4:30 PM ET Company Participants Jason Schmidt – Head-Investor Relations Dave Girouard – Chief Executive Officer Sanjay Datta – Chief Financial O...
2023-05-09 16:22:08 ET Upstart Holdings ( UPST ) stock surged 31% in Tuesday after-hours trading after the AI-powered lending platform said it expects Q2 adjusted EBITDA to break even. That's better than the -$31.1M in posted for Q1 2023 and the Visible Alpha consensus of -$16.5M ...
2023-05-09 16:08:06 ET Upstart press release ( NASDAQ: UPST ): Q1 EPS of $0.61 may not be comparable to consensus of -$0.81. Revenue of $103M (-66.8% Y/Y) beats by $3.25M . Shares +9.7% . Financial Outlook Q2: Revenue of approximately $135 million R...
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2024-07-30 08:30:00 ET Many executives believe artificial intelligence (AI) will fundamentally change how the economy functions. While many businesses have been working urgently and investing massive amounts of money to take advantage of the trend, Upstart (NASDA...
2024-07-25 04:05:00 ET Upstart (NASDAQ: UPST) has had a rough go of it in recent years, with the stock plunging 93% from its all-time high in late 2021. The fintech's artificial intelligence lending model aims to make loans accessible to more borrowers, but high interest rates and t...
The Bank of Elk River, one of the largest community banks in Sherburne County, Minnesota, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide digital-initiated personal loans to customers outside of their typical fo...