Urgently Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Urgent.ly Inc. (ULY)
Company Research
Source: Yahoo! Finance
VIENNA, Va., May 13, 2024 (GLOBE NEWSWIRE) -- Urgent.ly Inc. (Nasdaq: ULY ) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today reported financial results for the first quarter ended March 31, 2024. “Our first quarter financial performance was in line with our expectations. We made continued progress with our strategic initiatives to drive gross margin expansion through operational efficiencies and disciplined expense management. During the quarter, revenue exceeded our expectations and we delivered gross margin expansion of 4 percentage points, a 19% improvement in GAAP operating loss, and a 6% improvement in non-GAAP operating loss compared to the first quarter of 2023. We see this year as our opportunity to meaningfully advance on our strategy, and we remain focused on positioning our business for profitable growth through optimizing our operating model and enhancing our capital structure. We believe the progress
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News
- Urgent.ly Inc. (NASDAQ: ULY) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $5.00 price target on the stock.MarketBeat
- Urgently Announces First Quarter 2024 Financial ResultsGlobeNewswire
- Urgently Announces First Quarter 2024 Earnings Release Date and Conference Call; Participation in Upcoming Investor ConferencesGlobeNewswire
- Urgently Announces Fourth Quarter and Full-Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Urgently Announces Fourth Quarter and Full-Year 2023 Financial ResultsGlobeNewswire
ULY
Sec Filings
- 5/24/24 - Form 4
- 5/22/24 - Form 4
- 5/14/24 - Form 10-Q
- ULY's page on the SEC website