Dave (DAVE) Ticks Higher on Partnership, $100M Investment from Crypto Exchange FTX
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Dave Inc. (DAVE) Reports Q4 Loss of $0.15/sh
March 21, 2022 4:19 PM EDTDave Inc. (NASDAQ: DAVE) reported Q4 EPS of ($0.15), versus ($0.36) reported last year. Revenue for the quarter came in at $42.1 million, versus $35.5 million reported last year.
Fiscal Year 2022 Outlook:The Company expects:
Non-GAAP operating revenues between $200 million and $230 millionNon-GAAP... MoreDave Inc. (DAVE) Announces $100M Investment from FTX
March 21, 2022 4:06 PM EDTDave Inc. (Nasdaq: DAVE), a banking app on a mission to build products that level the financial playing field, today announced a strategic partnership with West Realm Shires Services, Inc., owner and operator of FTX US (FTX US), whereby the companies will work together to expand the digital assets ecosystem. FTX Ventures, a $2B venture fund, has also invested $100 million in Dave.
With this investment, Dave has significantly enhanced its balance sheet with additional resources to expedite its growth strategy and invest in future initiatives, including those crypto-related. FTX US will serve... More
