Dave Q1 Adjusted EPS, Revenue Rise; 2025 Guidance Raised -- Shares Surge

MT Newswires Live
08 May

Dave (DAVE) reported Q1 adjusted earnings Thursday of $2.48 per diluted share, compared with $0.62 a year earlier.

Analysts surveyed by FactSet expected $1.41.

Total operating revenue for the quarter ended March 31 was $108.0 million, compared with $73.6 million a year earlier. Analysts surveyed by FactSet expected $92.8 million.

The company raised its guidance for full-year 2025 revenue to a range of $460 million to $475 million from previous guidance of $415 million to $435 million. Analysts surveyed by FactSet expect $420.9 million.

Shares were up 32% in recent trading.

Price: 139.45, Change: +31.62, Percent Change: +29.32

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