Dave Announces Preliminary Financial Results for Third Quarter 2024 and Issues Statement Regarding FTC Matter
Dave Inc. - Class A (DAVE)
Last dave inc. - class a earnings: 11/13 04:05 pm
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US:NASDAQ Investor Relations:
ir.famousdaves.com
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Source: GlobeNewswire
LOS ANGELES, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced certain preliminary financial results for the quarter ended September 30, 2024. Preliminary Financial Results for Third Quarter 2024 Management expects the Company to report the following preliminary, unaudited results in respect of its quarterly period ended September 30, 2024: Revenue of $92.5 million, a 41% year-over-year increaseNet Income of $0.5 million, a $12.5 million year-over-year increase. Net income for the quarter includes a $7.0 million legal settlement and litigation reserve related to the FTC matter referenced further belowAdjusted EBITDA* of $24.7 million, a $27.2 million year-over-year increase * Non-GAAP measure. See reconciliation of this non-GAAP measure at the end of the press release. “In light of the recent FTC action, we wanted to share preliminary Q3 results and reiterate the positive outloo
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DAVE
Earnings
- 11/12/24 - Beat
DAVE
Sec Filings
- 12/2/24 - Form 4
- 11/14/24 - Form 4
- 11/14/24 - Form SC
- DAVE's page on the SEC website