Brief: Rent The Runway, Inc. Announces Second Quarter 2023 Results

Rent the Runway

08/09/2023 13:12

Sept 8 (Reuters) - Rent The Runway Inc  RENT.O :
    * SEES Q3 REVENUE IN RANGE OF $72 MILLION TO $74 MILLION
    * RENT THE RUNWAY, INC. ANNOUNCES SECOND QUARTER 2023
RESULTS
    * REVISES FISCAL YEAR 2023 GUIDANCE
    * SEES Q3 REVENUE IN RANGE OF $72 MILLION TO $74 MILLION
    * QTRLY LOSS PER SHARE $ 0.40
    * Q2 EARNINGS PER SHARE VIEW $-0.43 -- REFINITIV IBES DATA
    * QTRLY REVENUE $75.7 MILLION VERSUS  $76.5 MILLION
    * Q3 REVENUE VIEW $84.7 MILLION -- REFINITIV IBES DATA
    * Q2 REVENUE VIEW $78.3 MILLION -- REFINITIV IBES DATA
    * HAVE ACCELERATED OUR PATH TO ACHIEVE FREE CASH FLOW
BREAKEVEN,
BEFORE CASH INTEREST EXPENSE, IN FY24

Further company coverage:  RENT.O 

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