Instacart Q4 Earnings Fall, Revenue Rises

MT Newswires Live

02/13

Maplebear (CART), better known as Instacart, reported Q4 earnings late Thursday of $0.30 per diluted share, compared with $0.53 a year earlier.

Analysts surveyed by FactSet expected $0.51.

Revenue for the quarter ended Dec. 31 was $992 million, compared with $883 million a year earlier.

Analysts surveyed by FactSet expected $973.3 million.

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