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Benzinga Insights

Recap: HyreCar Q1 Earnings

HyreCar (NASDAQ:HYRE) reported its Q1 earnings results on Monday, May 16, 2022 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

HyreCar reported in-line EPS of $-0.24 versus an estimate of $-0.24.

Revenue was up $2.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 16.29% increase in the share price the next day.

Here's a look at HyreCar's past performance:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.27 -0.28 -0.12 -0.16
EPS Actual -0.14 -0.29 -0.36 -0.16
Revenue Estimate 10.32M 9.93M 8.94M 7.47M
Revenue Actual 9.56M 9.65M 9.06M 7.45M

To track all earnings releases for HyreCar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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