Brief: Rumbleon Reports Q3 Adjusted Profit of $0.27 Per Share

RideNow

09/11/2022 12:32

Nov 9 (Reuters) - Rumbleon Inc  RMBL.O :
    * RUMBLEON REPORTS THIRD QUARTER 2022 FINANCIAL RESULTS
    * Q3 EARNINGS PER SHARE $0.19
    * Q3 ADJUSTED EARNINGS PER SHARE $0.27
    * Q3 REVENUE FELL 13.9 PERCENT TO $470.3 MILLION
    * SEES FY TOTAL COMPANY REVENUE WITHIN RANGE OF $1.85 TO
$1.90
BILLION
    * Q3 EARNINGS PER SHARE VIEW $0.65, REVENUE VIEW $466.4
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $1.96 BILLION -- REFINITIV IBES DATA
    * ANNOUNCES DECISION TO EXPLORE STRATEGIC ALTERNATIVES FOR
AUTOMOTIVE BUSINESS
    * REACHED A GLOBAL SETTLEMENT OF ALL CURRENT AND ANY
POTENTIAL OR
FUTURE CLAIMS WITH FORMER OWNERS OF RIDENOW

Source text for Eikon:  ID:nBw18x2X2a 
Further company coverage:  RMBL.O 
 ((Reuters.Briefs@thomsonreuters.com;))