earnings
confidence high
sentiment positive
materiality 0.85
Upstart Q2 revenue $194M (+1,018% YoY), net income $37.3M; raises FY21 guide to $750M
Upstart Holdings, Inc.
2021-Q2 EPS reported
$0.51
revenue$315,291,000
- Revenue $194M (+1,018% YoY); net income $37.3M vs ($6.2M) loss a year ago.
- Transaction volume $2.80B (+1,605% YoY); conversion rate 24% (up from 9%).
- GAAP diluted EPS $0.39; adjusted diluted EPS $0.62.
- Q3 guidance: revenue $205-215M, adjusted EBITDA $30-34M.
- FY21 revenue guidance raised to ~$750M (from $600M); contribution margin 45% (from 42%).