HyreCar (HYRE) Misses Q1 EPS by 8c, Revenues Beat
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HyreCar Announces First Quarter 2020 Results
May 14, 2020 4:18 PM EDTRevenue increases 65% to $5.8 Million and 20% sequentially; Rental days increased 20% sequentially to 229,000 for the first quarter
LOS ANGELES--(BUSINESS WIRE)-- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and delivery, today reported financial results and provided a corporate update for the first quarter ended March 31, 2020.
HyreCars first quarter revenues grew 20% sequentially to $5.8 million and through the first two and a half months of the first quarter we were on pace to exceed $6.0 million in quarterly revenue, exhibiting the leverage and growth capabilities of HyreCars platform, said... More
