secwatch / observer
8-K filed August 8, 2023, 7:59 PM ET ticker BARK CIK 0001819574
earnings confidence high sentiment neutral materiality 0.65

BARK Q1 FY2024 revenue $120.6M, net loss $(11.7)M, adjusted EBITDA ahead of midpoint

Bark, Inc.

2024-Q1 EPS reported -$0.07 revenue$120,591,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bark, Inc. reported fiscal first quarter ended June 30, 2023 results: revenue $120.6 million, net income $(11.7) million. Guidance reaffirmed.

Period
fiscal first quarter ended June 30, 2023
Revenue
$120.6 million
Net income
$(11.7) million
Guidance
reaffirmed
Result
reported results
Exact text from the filing
dog brand with a mission to make all dogs happy, today announced its financial results for the fiscal first quarter ended June 30, 2023. Key Highlights • Total revenue was $120.6 million, broadly in-line with the Company's guidance range. • Consolidated gross margin increased 280 basis points to 60.6%, compared to last year. • Net Loss improved 24.3% to $(11.7)
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bark, Inc. updated its fiscal full year 2024 guidance (reaffirmed).

Period
fiscal full year 2024
Guidance
reaffirmed
Result
guidance update
Exact text from the filing
For the fiscal full year 2024, we expect: • Total revenue of flat to (5)% year-over-year, unchanged from the Company's prior guidance. • Adjusted EBITDA of $(8) million to $2 million, unchanged from the Company's prior guidance.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bark, Inc. updated its fiscal second quarter 2024 guidance (initiated).

Period
fiscal second quarter 2024
Guidance
initiated
Result
guidance update
Exact text from the filing
For the fiscal second quarter 2024, we expect: • Total revenue of $123 to $127 million. • Adjusted EBITDA of $(3) million to $(1) million.
View on SEC.gov

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Bark, Inc. filing history →

Source: SEC EDGAR
accession 0001819574-23-000023
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