Brief: Moneylion Posts Q1 Revenue Of $94 Mln

Moneylion

09/05/2023 13:42

May 9 (Reuters) - MoneyLion Inc  ML.N :
    * MONEYLION’S Q1 2023 RESULTS HIGHLIGHT GROWTH AND STEADY
PATH TO
PROFITABILITY
    * MONEYLION - GAAP REVENUE OF $94 MILLION IN Q1 OF 2023, UP
34%
YEAR-OVER-YEAR
    * MONEYLION - FOR Q2 OF 2023, WE EXPECT GAAP REVENUE OF $95
TO
$100 MILLION
    * MONEYLION - SEES Q2 2023 GROSS PROFIT MARGIN OF 54% TO 58%
    * MONEYLION - NET LOSS OF $9.2 MILLION FOR Q1 OF 2023 VERSUS
A NET
LOSS OF $10.0 MILLION IN Q1 OF 2022

Source text for Eikon:  ID:nBw9Q7yv5a 
Further company coverage:  ML.N 

 ((Reuters.Briefs@thomsonreuters.com;))