Brief: Shift Reports $60 Mln In Revenue For Q3 2020

Shift Technologies

12/11/2020 21:32

Nov 12 (Reuters) - Shift Technologies, Inc.  SFT.O :
    * SHIFT ANNOUNCES A RECORD $60 MILLION IN REVENUE FOR THE
THIRD
QUARTER 2020
    * SEES Q4 REVENUE $72 MILLION TO $75 MILLION
    * SEES Q4 REVENUE UP 163 TO 174 PERCENT
    * Q3 REVENUE $60 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$58.3
MILLION
    * TOTAL UNITS SOLD WERE 4,046, UP 34%. IN QUARTER
    * QTRLY NET LOSS AND COMPREHENSIVE LOSS PER SHARE
ATTRIBUTABLE TO
COMMON STOCKHOLDERS $0.64
    * Q4 REVENUE VIEW $72.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX1Fwf2S 
Further company coverage:  SFT.O 

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