Rubicon Reports Fourth Quarter and Full Year 2023 Financial Results
Rubicon Technologies, Inc. (RBT)
Company Research
Source: Business Wire
Rubicon makes significant progress toward profitability and positive Adjusted EBITDA. NEW YORK--(BUSINESS WIRE)--Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading provider of technology solutions for waste, recycling, and fleet operations, today reported financial and operational results for the fourth quarter and full year of 2023.Fourth Quarter 2023 Financial HighlightsRevenue was $170.7 million, an increase of $4.7 million or 2.8% compared to $166.0 million in the fourth quarter of 2022.Gross Profit was $13.2 million, an increase of $6.5 million or 95.4% compared to $6.8 million in the fourth quarter of 2022.Adjusted Gross Profit was $18.3 million, an increase of $4.9 million or 36.5% compared to $13.4 million in the fourth quarter of 2022.Gross Profit Margin was 7.7%, an increase of 367 bps compared to 4.1% in the fourth quarter of 2022.Adjusted Gross Profit Margin was 10.7%, an increase of 264 bps compared to 8.1% in the fourth quarter of 2022.Net
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News
- Rubicon Launches Technical Advisory Services (TAS) OfferingBusiness Wire
- Rubicon Receives Notice of Non-Compliance with NYSE Trading Share Price and Market Capitalization Listing RulesBusiness Wire
- Rubicon Technologies, Inc. (NYSE:RBT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Rubicon Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Rubicon Technologies to Hold Fourth Quarter and Full Year 2023 Earnings Call on March 7Business Wire
RBT
Earnings
- 11/8/23 - Beat
RBT
Analyst Actions
- 3/8/24 - Cantor Fitzgerald
RBT
Sec Filings
- 4/24/24 - Form 4
- 4/19/24 - Form 4
- 4/16/24 - Form 4
- RBT's page on the SEC website