HyreCar Reports Record Preliminary Unaudited Revenues of $10.0 Million and Gross Profit of $4.9 Million for the Full Year 2018
HyreCar Inc. (HYRE)
Last hyrecar inc. earnings: 3/25 04:10 pm
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Source: Business Wire
FY 2018 Revenues to Increase at Least 209% to Record $10.0 Million; FY 2018 Gross Profit To Increase At Least 1,500% to $4.9 Million LOS ANGELES--(BUSINESS WIRE)-- HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing, has reported preliminary unaudited financial results for the fourth quarter and full year ending December 31, 2018. Q4 2018 and Full Year 2018 Preliminary Financial ResultsRevenues for the fourth quarter ended December 31, 2018 are expected to be approximately $3.3 million, an increase of approximately 162% when compared to revenues of $1.3 million for the fourth quarter ended December 31, 2017. Revenues for the fiscal year ended December 31, 2018 are expected to be approximately $10.0 million, an increase of approximately 209% when compared to revenues of $3.2 million for the fiscal year ended December 31, 2017. The growth in revenue is a result of contin
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