Zipcar (ZIP) +24.8% AH after beating Q3 estimates. Expectations were low going in - shares...


Zipcar (ZIP) +24.8% AH after beating Q3 estimates. Expectations were low going in - shares closed near their post-IPO low today - and the company has a heavy short interest. Total members rose 5% Q/Q and 18% Y/Y to 767K, while usage revenue/vehicle held steady at $65. Q4 revenue guidance of $67M-$71M is in-line with a $69.3M consensus. Q4 adjusted EBITDA is expected to total $4.5M-$7.5M, compared with $6.5M in Q3. (PR)

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs