Reported about 7 hours ago
Upstart Holdings surpassed Wall Street estimates in its fourth quarter, reporting $219 million in revenue, significantly higher than the anticipated $181.8 million. The company's adjusted earnings per share of $0.26 contrasted sharply with the predicted loss of $0.03. Additionally, Upstart's optimistic revenue guidance for the upcoming quarter and full fiscal year 2025 boosted investor confidence, leading to an increase in stock value.
Source: YAHOO