Dave Reports Record Third Quarter 2024 Results and Raises Full Year 2024 Guidance
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Dave Inc. reported record third-quarter 2024 results with a 41% year-over-year revenue increase to $92.5 million. The company also saw a significant rise in net income and adjusted EBITDA, leading to an upward revision of its full-year 2024 guidance.
November 12, 2024 | 9:30 pm
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Dave Inc. reported a 41% increase in Q3 revenue to $92.5 million, with net income and adjusted EBITDA also rising significantly. The company raised its full-year 2024 guidance.
The significant year-over-year revenue growth and increase in net income and adjusted EBITDA indicate strong financial performance. Raising full-year guidance suggests confidence in continued growth, likely leading to positive investor sentiment and a potential short-term stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100