HyreCar (HYRE) Misses Q4 EPS by 7c

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HyreCar Announces Fourth Quarter and Full-Year 2020 Results

March 30, 2021 4:05 PM EDT

Full-Year Revenues Increase 59% to $25.2 Million; Fourth Quarter Revenues Increase 42% to $7.0 million; Rental Days increase 41% to 277,000 in the fourth quarter and 63.3% to 1,014,000 for the Year

LOS ANGELES--(BUSINESS WIRE)-- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the fourth quarter and year ended December 31, 2020.

Full-Year 2020 Financial Highlights

Revenue was $25.2 million, compared to $15.9 million in 2019, an increase of 59%. Net Loss of ($15.2) million and earnings per share of ($0.87), compared to... More