HyreCar (HYRE) Misses Q1 EPS by 21c
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HyreCar Announces Record First Quarter 2021 Financial Results
May 13, 2021 4:01 PM EDTFirst Quarter Revenue Increases 29% to $7.45 Million, as Rental Days were 300,022 up 31%; Annualized Rental Day Run Rate passes 1.2 Million
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 first quarter March 31, 2021.
First Quarter 2021 Financial Highlights
Revenue was $7.45 million, compared to $5.78 million in the same period last year, an increase of 29%. Net Loss of ($7.2) million and earnings per share of ($0.37), compared to ($4.1)... More