Brief: Shift Grows Revenue 167% In Q4

Shift Technologies

15/03/2022 20:48

March 15 (Reuters) - Shift Technologies Inc  SFT.O :
    * SHIFT GROWS REVENUE 167% IN Q4'2021; STRONG GUIDANCE FOR
2022
REFLECTS CONTINUED RAPID GROWTH WITH SIGNIFICANT OPERATIONAL
EFFICIENCIES
    * SAYS FOR Q1, EXPECTS REVENUE TO BE IN RANGE OF $205
MILLION TO
$215 MILLION, OR INCREASE OF 93% TO 103% YEAR OVER YEAR
    * SAYS FOR 2022, EXPECTS REVENUE TO BE IN RANGE OF
APPROXIMATELY
$1 BILLION TO $1.1 BILLION, INCREASE OF 57% TO 73% VERSUS. 2021
    * QTRLY LOSS PER SHARE $0.70
    * QTRLY TOTAL REVENUE $196.2 MILLION VERSUS $73.4 MILLION
    * Q4 EARNINGS PER SHARE VIEW $-0.61, REVENUE VIEW $185.9
MILLION
-- REFINITIV IBES DATA
    * Q1 REVENUE VIEW $191.5 MILLION -- REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $1.04 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX1d2r94 
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