HyreCar (HYRE) Tops Q1 EPS by 2c

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HyreCar Announces Record First Quarter Results

May 9, 2019 4:05 PM EDT

Revenues Increase 105% to $3.5 Million; Gross Profit Increases 360% to $2.0 Million

LOS ANGELES--(BUSINESS WIRE)-- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, today reported financial results and provided a corporate update for the first quarter ended March 31, 2019.

Financial Summary:

Three Months Ended March 31,

Year-over-Year
% Change

2019 2018 Net Revenues $3.5 million $1.7 million +105% Gross Profit $2.0 million $0.4 million... More