Upstart Announces Fourth Quarter and Full Year 2023 Results
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Upstart (UPST) stock plummets 18% as significant outlook miss overshadows FQ4 results
February 14, 2024 4:23 AM ESTUpstart Holdings (NASDAQ: UPST) reported fourth-quarter revenue that exceeded analysts expectations but shares tumbled over 18% in premarket trading Wednesday as the FQ1 outlook came in well below estimates.
For FQ4, Upstart reported loss per share of $0.11, meeting the consensus estimates. The company's revenue reached $140.31 million, topping the projected $134.83 million.
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