earnings
confidence high
sentiment positive
materiality 0.70
Allbirds Q3 revenue $72.7M (+16% YoY); GAAP net loss $25.2M; adjusted EBITDA loss beat guidance
Allbirds, Inc.
2022-Q3 EPS reported
-$0.52
revenue$213,588,000
- Net revenue $72.7M, +16% YoY; adjusted revenue $72.2M (+15% YoY) ahead of guidance.
- GAAP net loss $25.2M ($0.17 per share); adjusted net loss $22.4M ($0.15 per share).
- Adjusted EBITDA loss $12.7M, ahead of guidance targets.
- Opened six U.S. stores during Q3; total 38; physical retail sales grew 53% YoY.
- Maintained full year 2022 guidance despite ongoing macro headwinds.