RumbleOn rises on results beat

RideNow

09/08/2022 20:34

** Shares of online vehicle marketplace RumbleOn Inc
 RMBL.O  up 20.3% at $24.58
    ** Posts Q2 adj. EPS of $1.20 vs. analysts' expectation of
$0.90 - Refinitiv data 
    ** Co's Q2 rev more than triples to $546.1 mln, higher than
analysts' expectation of $513.6 mln
    ** As of last close, RMBL down 40.9% YTD 

 (Reporting by Vansh Agarwal)
 ((Vansh.Agarwal@thomsonreuters.com;))