Brief: Shift Grows Revenue 200% In Q3'2021, Raises Guidance For 2021
Nov 11 (Reuters) - Shift Technologies Inc SFT.O :
* SHIFT GROWS REVENUE 200% IN Q3'2021, RAISES GUIDANCE FOR
2021
* PROJECTING 151% YEAR-OVER-YEAR Q4'2021 REVENUE GROWTH, AT
MIDPOINT OF MANAGEMENT GUIDANCE RANGE
* RAISES FULL-YEAR REVENUE GUIDANCE TO $621 MILLION - $629
MILLION
* QTRLY REVENUE OF $180 MILLION
* QTRLY LOSS PER SHARE $0.48
* Q3 EARNINGS PER SHARE VIEW $-0.52, REVENUE VIEW $165.4
MILLION
-- REFINITIV IBES DATA
Source text for Eikon: ID:nGNX6cjbB8
Further company coverage: SFT.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Shift Technologies
See all newsU.S. STOCKS ON THE MOVE-Pfizer, Lululemon Athletica, Maxeon Solar
Brief: Shift Technologies Notified By Nasdaq That It Commenced Proceedings To Delist Common Stock Of Company
Brief: Shift Technologies Commenced Bankruptcy Cases By Filing Voluntary Petitions Under Chapter 11
Brief: Shift Technologies Inc Board Appointed Jason Curtis As Company's Chief Financial Officer
Brief: Shift Technologies Announces Closing Of Its Portland-Based Vehicle Storage And Sales Facility