Wejo Group Limited (WEJO) Misses Q1 EPS by 22c

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Wejo Announces First Quarter 2022 Results

May 16, 2022 7:30 AM EDT

Company Drives Future of Smart Mobility with Launch of Real-Time Traffic Intelligence Solution and Software Solutions for Automotive, Insurance and Media

MANCHESTER, England--(BUSINESS WIRE)-- Wejo Group Limited (NASDAQ: WEJO) (Wejo or the Company), a global leader in cloud and software analytics for connected, electric, and autonomous mobility, today announced financial results and key performance indicators (KPIs) for the first quarter ended March 31, 2022.

First Quarter 2022 Financial Highlights

Net Revenue increased 86% to $568 thousand in the quarter, driven by strong growth in the Traffic... More