Brief: Shift Triples Revenue & Ecommerce Unit Sales In Q1'2021, Raises Guidance For 2021

Shift Technologies

12/05/2021 22:08

May 12 (Reuters) - Shift Technologies, Inc.  SFT.O :
    * SHIFT TRIPLES REVENUE & ECOMMERCE UNIT SALES IN Q1'2021,
RAISES
GUIDANCE FOR 2021
    * Q1 LOSS PER SHARE $0.55
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.44 -- REFINITIV IBES
DATA
    * Q1 REVENUE ROSE 254 PERCENT TO $106 MILLION
    * SEES Q2 2021 REVENUE $120 MILLION TO $130 MILLION
    * SEES FY 2021 REVENUE $480 MILLION TO $520 MILLION
    * Q1 REVENUE VIEW $94.5 MILLION -- REFINITIV IBES DATA
    * Q2 REVENUE VIEW $99.7 MILLION -- REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $447.9 MILLION -- REFINITIV IBES DATA

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