$37.060
+0.652 (+1.76%)At close
IBTA News
IBTA Events
Stock Futures Broadly Higher, Oil Prices Slip
Stock futures were broadly higher while crude oil futures were slipping in what appears to be a continuation of Monday's regular trading hour trends. The major indexes began the weeke and month with a wining session as easing tensions in the Middle East sent oil prices sharply lower.Meanwhile, earnings season remains a catalyst, with investors digeseting results from Palantir after Monday's close, followed later this week by reports from AMD, McDonald's, Pfizer, Eli Lilly, Disney and Uber. The market is also preparing for SpaceX's first earnings report since its public listing.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Backblazeup 18.7%Ibottaup 17.9%Jeld-Wenup 16.7%Voyager Technologisup 16.5%Medifastup 15.9%Palantirup 14.1%Inspire Medicalup 12.6%Snapup 7.7%On Semiconductorup 7.3%DOWN AFTER EARNINGS -ClearPointdown 14.6%Powell Industriesdown 13.5%Ichor Holdingsdown 11.5%Better Home & Financedown 10.8%BWX Technologiesdown 4.4%
Sees Q3 Adjusted EBITDA of $12M-$14M
Sees Q3 adjusted EBITDA $12M-$14M
Ibotta Reports Q2 Revenue of $88.9M, Exceeding Expectations
Reports Q2 revenue $88.9M, consensus $84.97M. "We continue to build strong operating momentum, delivering second quarter results that exceeded our expectations and returning to top-line growth one quarter ahead of schedule," said Ibotta CEO and Founder, Bryan Leach. "Redemption revenue grew 10% year-over-year, our fastest pace of growth since the third quarter of 2024, a direct outcome of increased advertiser offer supply and consistently strong execution by our team."
Sees Q2 Adjusted EBITDA of $9M-$12M
Sees Q2 adjusted EBITDA $9M-$12M.
Ibotta Q1 Revenue $82.5M Exceeds Expectations
Reports Q1 revenue $82.5M, consensus $80.72M. "We started the year with strong operational momentum, delivering first quarter results that exceeded our expectations. This performance was driven by disciplined execution with our core product offering and the continued success of our LiveLift pilots," said Ibotta CEO and Founder, Bryan Leach. "The expansion of the Ibotta Performance Network remains a core priority, and the addition of marquee publishers Uber and Giant Eagle significantly increases our reach across both third-party e-commerce delivery and traditional grocery. We believe the ongoing strengthening of our network and core product offerings has us well-positioned to return to year-over-year growth in the third quarter."
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