Waitr Holdings (WTRH) Posts Q1 Loss of $0.38/Sh

Go back to Waitr Holdings (WTRH) Posts Q1 Loss of $0.38/Sh

Waitr Holdings Reports Fiscal 2019 First Quarter Results

May 8, 2019 4:05 PM EDT

Revenue Increases 287% and Active Diners Increase 309%

LAKE CHARLES, La.--(BUSINESS WIRE)-- Waitr Holdings Inc. (Nasdaq: WTRH) (Waitr), a leader in on-demand food ordering and delivery, today reported financial results for its fiscal 2019 first quarter ended March 31, 2019.

We are very pleased with our results this quarter, including revenue growth of 287%, which was a combination of Waitr driven organic growth and the successful acquisition of Bite Squad on January 17, said Chris Meaux, founder and Chief Executive Officer of Waitr. Importantly, we continued to accelerate growth in the markets that we currently serve... More