Grab Holdings Q2 Loss decreases, beats estimates
Grab Holdings Q2 Loss decreases, beats estimates
Grab Holdings (GRAB) released Loss for second quarter that decreased from last year and beat the Street estimates.
The company's bottom line came in at -$148 million, or -$0.03 per share. This compares with -$572 million, or -$0.15 per share, in last year's second quarter.
Analysts on average had expected the company to earn -$0.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 76.6% to $567 million from $321 million last year.
Grab Holdings (GRAB) released Loss for second quarter that decreased from last year and beat the Street estimates.
The company's bottom line came in at -$148 million, or -$0.03 per share. This compares with -$572 million, or -$0.15 per share, in last year's second quarter.
Analysts on average had expected the company to earn -$0.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 76.6% to $567 million from $321 million last year.
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