Riskified: Q2 Earnings Snapshot
TEL AVIV-YAFO, Israel (AP) _ Riskified Ltd. (RSKD) on Wednesday reported a loss of $33 million in its second 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 non-recurring costs, came to 8 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The provider of fraud-prevention services posted revenue of $59.9 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $58 million.
Riskified expects full-year revenue in the range of $255 million to $258 million.