Shares of HyreCar (NASDAQ:HYRE) decreased 6.16% after the company reported Q3 results.
Quarterly Results
Earnings per share were up 50.00% year over year to ($0.10), which beat the estimate of ($0.12).
Revenue of $6,814,000 rose by 83.67% from the same period last year, which beat the estimate of $6,440,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Nov 11, 2020
Time: 04:30 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/39ib5gda
Technicals
Company's 52-week high was at $5.15
52-week low: $0.88
Price action over last quarter: Up 28.48%
Company Profile
HyreCar Inc is a peer-to-peer car-sharing marketplace that allows car owners to rent their idle cars to ride-sharing service drivers. The company generates its revenue in the form of the transaction fees, an insurance fee, and from other sources such as referrals, motor vehicle record fees, late rental fees, and other fees charged to drivers in specific situations.
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