Rent the Runway, Inc. Announces First Quarter 2022 Results
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Rent the Runway (RENT) Shares Surge 10% Following Q1 Results
June 9, 2022 5:22 PM EDTRent the Runway (NASDAQ: RENT) shares rose more than 10% after-hours following the companys reported Q1 results, with revenue growing 100% year-over-year to $67.1 million. Quarterly EPS came in at ($0.67), compared to ($3.75) in Q1/21.
Active Subscribers increased 82% year-over-year to 134,998. Total Subscribers were 177,213, up 70%... More
Rent the Runway (RENT) Reports Q1 Loss of $0.67/sh, Offers Guidance
June 9, 2022 4:15 PM EDTRent the Runway (NASDAQ: RENT) reported Q1 EPS of ($0.67), versus ($3.75) reported last year. Revenue for the quarter came in at $67.1 million, versus $33.5 million reported last year.
GUIDANCE:
Rent the Runway sees Q2 2022 revenue of $72-74 million.
Rent the Runway... More
