HyreCar (HYRE) Misses Q2 EPS by 24c

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HyreCar Announces Record Second Quarter 2021 Financial Results

August 10, 2021 4:05 PM EDT

Second Quarter Revenue Increases 62% to $9.1 Million, as Rental Days exceeded 333,000 up 44% Year-over-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 second quarter June 30, 2021.

Second Quarter 2021 Financial Highlights

Revenue was $9.1 million, compared to $5.6 million in 2020, an increase of 62% from the same quarter last year. Net Loss of ($9.3) million and earnings per share of ($0.45), compared to ($3.8) million and ($0.22) in the same... More