HyreCar Announces First Quarter 2020 Results

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Go back to HyreCar Announces First Quarter 2020 Results

HyreCar (HYRE) Misses Q1 EPS by 8c, Revenues Beat

May 14, 2020 4:24 PM EDT

HyreCar (NASDAQ: HYRE) reported Q1 EPS of ($0.25), $0.08 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $5.8 million versus the consensus estimate of $5.51 million.

First Quarter 2020 Highlights

Revenue was $5.8 million, compared to $3.5 million in 2019, an increase of 65%.Adjusted EBITDA of ($3.3) million, or ($0.20) per share, compared to ($1.4) million and ($0.14) in the first quarter of... More