earnings
confidence high
sentiment neutral
materiality 0.55
Urgent.ly reports Q3 revenue $36.2M, down 21% YoY; non-GAAP operating loss improves 17%
Urgent.ly Inc.
2024-Q3 EPS reported
-$2.63
revenue$110,875,000
- Revenue $36.2M (-21% YoY); gross margin improved to 21% from 20%.
- Non-GAAP operating loss $2.9M, improved 17% from $3.5M prior year.
- Debt reduced to $54.3M from $71.8M since Dec 2023 ($17.5M reduction).
- Divested non-core asset The Floow during Q3 to focus on core business.
- Approximately 219,000 dispatches completed; consumer satisfaction 4.5/5 stars.