Rent the Runway, Inc. Announces First Quarter 2022 Results

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Rent the Runway (RENT) Shares Surge 10% Following Q1 Results

June 9, 2022 5:22 PM EDT

Rent the Runway (NASDAQ: RENT) shares rose more than 10% after-hours following the companys reported Q1 results, with revenue growing 100% year-over-year to $67.1 million. Quarterly EPS came in at ($0.67), compared to ($3.75) in Q1/21.

Active Subscribers increased 82% year-over-year to 134,998. Total Subscribers were 177,213, up 70%... More