Riskified: Q1 Earnings Snapshot

May 17, 2022 GMT

TEL AVIV-YAFO, Israel (AP) _ Riskified Ltd. (RSKD) on Tuesday reported a loss of $33.3 million in its first quarter.

On a per-share basis, the Tel aviv-Yafo, Israel-based company said it had a loss of 20 cents. Losses, adjusted for stock option expense and amortization costs, came to 8 cents per share.

The provider of fraud-prevention services posted revenue of $58.8 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $56.1 million.

Riskified expects full-year revenue in the range of $254 million to $257 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RSKD at https://www.zacks.com/ap/RSKD