Upstart exceeded Q4 revenue expectations, with stock jumping 23.7%

From Barchart: 2025-02-11 17:06:52

Upstart (NASDAQ: UPST) reported Q4 CY2024 results exceeding market expectations, with revenue up 56.1% year on year to $219 million. Next quarter’s revenue guidance is $200 million, 10.8% above analyst estimates. Adjusted EPS of $0.26 per share beat consensus estimates significantly. Total transaction volume was $2.11 billion in Q4, showing strong growth. Customer acquisition efficiency was negative this quarter, indicating the need for continued investment in a competitive market. Upstart’s stock rose 23.7% to $83.31 following the results. Read more about Upstart’s performance and potential in our free research report.



Read more at Barchart: Upstart (NASDAQ:UPST) Reports Strong Q4, Stock Jumps 23.7%