Dave Reports Record Third Quarter 2024 Results and Raises Full Year 2024 Guidance
Dave Inc. - Class A (DAVE)
Last dave inc. - class a earnings: 11/13 04:05 pm
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Source: GlobeNewswire
Record Q3 Revenue up 41% Y/Y to $92.5 Million; Y/Y Revenue Growth Accelerates for Fourth Consecutive Quarter Q3 Net Income Increases $12.5 Million Y/Y to $0.5 Million and Adj. EBITDA Increases $27.2 Million Y/Y to $24.7 Million Dave Raises 2024 Revenue and Adjusted EBITDA Guidance LOS ANGELES, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today reported its financial results for the third quarter ended September 30, 2024. “As we announced last week when issuing preliminary results, we once again exceeded growth and profitability expectations in the third quarter,” said Jason Wilk, Founder and CEO of Dave. “Our fourth consecutive quarter of accelerating year-over-year revenue growth resulted from double-digit increases in both ARPU and monthly transacting members to quarterly records for both metrics. We delivered another record quarter of variable margin, which expanded nearly 1,300 basis points year-o
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DAVE
News
- Surging Earnings Estimates Signal Upside for DAVE INC (DAVE) Stock [Yahoo! Finance]Yahoo! Finance
- Here's Why Momentum in DAVE INC (DAVE) Should Keep going [Yahoo! Finance]Yahoo! Finance
- Dave Appoints Kevin Frisch as Chief Marketing OfficerGlobeNewswire
- Dave Inc (DAVE) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Partnerships ... [Yahoo! Finance]Yahoo! Finance
- Dave Announces Letter of Intent to Enter into Strategic Partnership with Leading Sponsor BankGlobeNewswire
DAVE
Earnings
- 11/12/24 - Beat
DAVE
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form SC
- 11/12/24 - Form 10-Q
- DAVE's page on the SEC website