Riskified Ltd. (NYSE:RSKD) reported better-than-expected first-quarter financial results on Wednesday.
Riskified reported quarterly earnings of 4 cents per share which beat the analyst consensus estimate of 2 cents per share. The company reported quarterly sales of $76.41 million which beat the analyst consensus estimate of $75.15 million, according to data from Benzinga Pro.
"Our commitment toward profitable growth has yielded exceptional results, as evidenced by two consecutive quarters of positive Adjusted EBITDA. As we look ahead, we remain encouraged by the vast opportunities in front of us, and our ability to help the world's largest eCommerce companies unlock their business goals in the face of the ever-expanding threats of fraud and policy abuse," said Eido Gal, Co-Founder and Chief Executive Officer of Riskified.
Riskified's board also authorized the repurchase of up to $75 million of its ordinary shares.
Riskified reiterated its FY24 revenue outlook of $323 million to $335 million. The company sees adjusted EBITDA between $12 million and $18 million.
Riskified shares jumped 15.3% to close at $6.18 on Wednesday.
These analysts made changes to their price targets on Riskified after the company reported quarterly results.
- Piper Sandler raised the price target on Riskified from $7 to $8. Piper Sandler analyst Clarke Jeffries maintained an Overweight rating.
- Truist Securities increased Riskified price target from $7.5 to $8. Truist Securities analyst Terry Tillman reiterated a Buy rating.
- JP Morgan boosted the price target on Riskified from $6 to $7. JP Morgan analyst Reginald Smith maintained a Neutral rating.
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Riskified Ltd.(紐約證券交易所股票代碼:RSKD)週三公佈了好於預期的第一季度業績。
Riskified公佈的季度收益爲每股4美分,超過了分析師共識估計的每股2美分。根據Benzinga Pro的數據,該公司公佈的季度銷售額爲7,641萬美元,超過了分析師普遍預期的7,515萬美元。
“我們對盈利增長的承諾取得了非凡的業績,連續兩個季度的調整後息稅折舊攤銷前利潤爲正數就證明了這一點。展望未來,面對不斷擴大的欺詐和政策濫用威脅,我們有能力幫助全球最大的電子商務公司實現其業務目標,這仍然令我們感到鼓舞。” Riskified聯合創始人兼首席執行官Eido Gal說。
Riskified董事會還批准回購其高達7500萬美元的普通股。
Riskified重申了其24財年收入前景爲3.23億美元至3.35億美元。該公司預計調整後的息稅折舊攤銷前利潤在1,200萬美元至1,800萬美元之間。
週三,風險股價上漲15.3%,收於6.18美元。
在Riskified公佈季度業績後,這些分析師更改了該公司在Riskified上的目標股價。
派珀·桑德勒將Riskified的目標股價從7美元上調至8美元。派珀·桑德勒分析師克拉克·傑弗里斯維持增持評級。
信託證券將風險化目標股價從7.5美元上調至8美元。Truist Securities分析師特里·蒂爾曼重申了買入評級。
摩根大通將Riskified的目標股價從6美元上調至7美元。摩根大通分析師雷金納德·史密斯維持中性評級。
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