Waitr Holdings Inc: Jumps on upbeat preliminary Q2 results

Waitr Holdings

06/07/2020 16:50

** Online food delivery company's shares  WTRH.O  rise 19.8%
to $3.50 
    ** Co estimates Q2 revenue to be about $60 mln, compared
with $51.3 mln a year earlier, helped by new diners and orders
 urn:newsml:reuters.com:*:nBw5DFSb5a
    ** Expects Q2 profit to be atleast $8 mln, compared with a
net loss of $24.9 mln in 2019
    ** Co expects to release its Q2 results in early August
    ** The increased demand for our services enables us to
provide our communities with employment opportunities for
drivers- CEO 
    ** Stock up about eleven-fold YTD

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780))