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Dave’s After-Hours Price Falls to $310 Following Quarterly Profit Shortfall

Revenue exceeded estimates, and Dave raised its financial guidance after quarterly profit trailed analyst expectations.

Updated 1 min read
Pedestrians pass the Nasdaq MarketSite in Times Square, New York, after the close of trading. (AI-generated image / EconoTimes)
Pedestrians pass the Nasdaq MarketSite in Times Square, New York, after the close of trading. (AI-generated image / EconoTimes)

Dave Inc.'s quarterly results paired a profit miss with revenue above estimates and a higher outlook, while its shares declined in after-hours trading on Nov. 4.

The shares reached $310 after hours, a 7.8% decline. Dave's quarterly profit came in below analyst expectations, while revenue exceeded estimates and the company raised its financial guidance.

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