Upstart Solid Figures in Q1: Wait For a Lower Price and The Turning Point!
@antiti:
$Upstart Holdings, Inc.(UPST)$ dropped 12% after the company missed Q2 revenue guidance.Financial HighlightsRevenue: $213.4M, beating the $201.3M consensus (+6.0%). However, this was a 2.57% decline from $219M in the prior quarter, though still up from $127.8M a year ago.EPS: $0.33, surpassing the estimate of $0.17 (+94.1%), and rising from $0.26 in Q4 2024.Adjusted EBITDA: $42.6M, above the $27.0M consensus (+57.8%), and up from $38.8M in Q4.Q2 Guidance Miss: Expect Q2 revenue at ~$225M vs. $226M consensus.GAAP net income (loss) for Q2: -10 million USD.Investment Highlights1. AI has accelerated loan approvals, continuing the profitability growth trend from Q4.Revenue fell quarter-over-quarter by 2.57%, but profitability metrics remained strong,
