Bird Global (BRDS) Reports Q1 Net Income of $10.2M

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Go back to Bird Global (BRDS) Reports Q1 Net Income of $10.2M

Bird Announces First Quarter 2022 Financial Results

May 16, 2022 4:05 PM EDT

First Quarter Revenue Increased by 48% YoY to $38.0 Million, Above the Guidance Range

Announces Cost Savings Initiatives Focused on Accelerating Path to Profitability

LOS ANGELES--(BUSINESS WIRE)-- Bird Global, Inc. ("Bird" or the "Company") (NYSE: BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the first quarter ended March 31, 2022.

Travis VanderZanden, Founder and CEO of Bird, said, "Our first quarter revenue performance exceeded our guidance range. The results were driven by continued demand recovery into the end of the period and... More