HyreCar Reports Second Quarter 2018 Financial Results

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HyreCar (HYRE) Reports Q2 Loss of $0.92; Offers FY18 Revenue Guidance

August 13, 2018 4:26 PM EDT

HyreCar (NASDAQ: HYRE) reported Q2 EPS of ($0.92). Revenue for the quarter came in at $2.3 million.

Our record revenue of approximately $2.3 million in the second quarter of 2018 was a direct result of increased demand for car sharing services, said Joe Furnari, Chief Executive Officer of HyreCar. As we reach critical mass, we are also starting to see some operating leverage in the... More