Wag! Group Co. (PET) Misses Q2 EPS by 1c; Offers FY23 Revenue Guidance

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Go back to Wag! Group Co. (PET) Misses Q2 EPS by 1c; Offers FY23 Revenue Guidance

Wag! Reports Record Second Quarter 2023 Results

August 8, 2023 4:05 PM EDT

Highest Service Revenue Quarter To Date

First Quarter of Adjusted EBITDA Profitability

Raises Previously Announced 2023 Full Year Adjusted EBITDA Guidance

SAN FRANCISCO--(BUSINESS WIRE)-- Wag! Group Co. (the Company or Wag!; Nasdaq: PET), which strives to be the #1 platform for busy Pet Parents, offering on-demand access to 5-star pet care, pet insurance options, premium pet products, and expert pet advice, today announced financial results for the second quarter ended June 30, 2023.

Second Quarter 2023 Highlights:

Revenue increased 55% to $19.8 million, compared to $12.8... More