Bird Global (BRDS) Reports Q2 Net Loss of $310.4M

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Go back to Bird Global (BRDS) Reports Q2 Net Loss of $310.4M

Bird Announces Second Quarter 2022 Financial Results

August 15, 2022 4:05 PM EDT

Second Quarter Revenue Increased by 28% YoY to $76.7 Million
Strengthened Cash Position to $105 Million At Quarter End1
Reiterates Full Year 2022 Revenue Outlook; On Track to Achieve Cost Savings Initiatives

MIAMI--(BUSINESS WIRE)-- Bird Global, Inc. ("Bird" or the "Company") (NYSE: BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the second quarter ended June 30, 2022.

Travis VanderZanden, Founder and CEO of Bird, said, "During the second quarter, we took significant actions on our path to achieve profitability and to align our... More