Tag: first-quarter results
Vroom releases Q1 Results, names new CEO
This week, Vroom Inc. released its first-quarter results, which showed the online used car retailer outdid expectations for total sales, profit, and revenue. It also...
Lordstown Motors announces $90M loss and stalled Foxconn deal for Q1
Ohio-based Lordstown Motors released its first-quarter results on Monday, which reported a loss of $90 million and total available remaining cash of $203 million. The company...
Lyft shares drop due to driver incentives and Q2 projections
Lyft shares dropped 25% this week after the rideshare service released its first-quarter results and announced it would likely not reach Wall Street's expectations for the...