HyreCar (HYRE) Misses Q2 EPS by 24c

HyreCar (NASDAQ: HYRE) reported Q2 EPS of ($0.36), $0.24 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $9.1 million versus the consensus estimate of $8.94 million.

“HyreCar’s Second-quarter revenues grew to $9.1 million in the quarter, showing the resilience of our platform and the growing demand for our services as the country opens up,” said Joe Furnari, Chief Executive Officer of HyreCar. “In addition, recently secured millions of dollars of financing for our fleet partners, solidifies our ecosystem to help drivers and fleets participate in the transportation as a service industry through partnerships with some of the largest players in the gig ecosystem and are laying the groundwork for adding vehicles and drivers at scale over the next 18 month.”

For earnings history and earnings-related data on HyreCar (HYRE) click here.

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