SunCar Technology Group's GAAP EPS of -$0.67 and Revenue of $203.09M Highlights Financial Performance
Monday, 16 September 2024, 11:13
Financial Performance Overview
In its latest report, SunCar Technology Group announced a staggering GAAP EPS of -$0.67 alongside revenue of $203.09M. This indicates a significant increase of 27.4% year-over-year, demonstrating the company's resilience in the market.
Adjusted EBITDA Performance
Moreover, the adjusted EBITDA for the first half of 2024 saw an increase to $6.4M, showcasing the potential for profitability in the coming quarters.
- Revenue Growth: $203.09M (+27.4% Y/Y)
- GAAP EPS: -$0.67
- Adjusted EBITDA: $6.4M
As SunCar continues its upward trajectory, market analysts predict intriguing opportunities ahead.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.