Bark Inc jumps on higher Q1 revenue, narrow loss

Bark

10/08/2022 11:40

** Shares of dog-care brand Bark Inc  BARK.N  climb ~18% to
$2.08 in premarket trade 
    ** Company says Q1 revenue rose 12% to $131.2 mln
 urn:newsml:reuters.com:*:nBw27ymXFa
    ** Q1 net loss narrows to $15.4 mln from $24.8 mln a year
earlier 
    ** Company reaffirms full-year revenue forecast of $556 mln
    ** Up to Tuesday's close, stock had fallen ~58% this year

 (Reporting by Ananya Mariam Rajesh in Bengaluru)
 ((AnanyaMariam.Rajesh@thomsonreuters.com ; Twitter: https://twitter.com/AnanyaMariam))