Zipcar, Inc. (ZIP) Posts Wider than Expected Q1 Loss; Guides Q2, FY11 Revs
Zipcar, Inc. (Nasdaq: ZIP) reported Q1 loss of $0.95, $0.68 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $49.1 million versus the consensus estimate of $46.8 million.
Non-GAAP net loss in the quarter was $1.9 million.
Sees Q211 revenue of $59-$60 million, versus the consensus of $58.29 million.
Sees FY11 revenue of $235-$240 million, versus the consensus of $234.95.
Non-GAAP net loss in the quarter was $1.9 million.
Sees Q211 revenue of $59-$60 million, versus the consensus of $58.29 million.
Sees FY11 revenue of $235-$240 million, versus the consensus of $234.95.