Rent the Runway (RENT) Reports Q4 Loss of $0.62/sh, Offers Guidance

Rent the Runway (NASDAQ: RENT) reported Q4 EPS of ($0.62), versus ($3.48) reported last year. Revenue for the quarter came in at $64.1 million, versus $33.5 million reported last year.

GUIDANCE:

Rent the Runway sees FY2022 revenue of $295-305 million.

• Adjusted EBITDA margin of (6)% to (5)%

For the fiscal first quarter of 2022, Rent the Runway expects:

• Ending Active Subscribers of 130K to 132K
• Revenue in the range of $63.5 million to $64.5 million
• Adjusted EBITDA of $(11.0) million to $(10.5) million

For earnings history and earnings-related data on Rent the Runway (RENT) click here.

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