RumbleON GAAP EPS of -$0.85 misses by $0.82, revenue of $299.9M beats by $19.72M

2 hours ago 1
  • RumbleON press release (NASDAQ:RMBL): Q2 GAAP EPS of -$0.85 misses by $0.82.
  • Revenue of $299.9M (-11.0% Y/Y) beats by $19.72M.
  • Shares +18.90%.
  • Net loss, which included impairment charge of $34.0 million related to franchise rights, was $32.2 million compared to $0.7 million
  • Selling, general & administrative expense (SG&A) was $66.7 million, a $4.7 million reduction compared to $71.4 million
  • Adjusted EBITDA(1) increased $1.0 million to $17.2 million compared to $16.2 million

Recommended For You

More Trending News

Read Entire Article