Dave Inc.

Equities

DAVE

US23834J2015

Financial Technology (Fintech)

End-of-day quote Nasdaq Other stock markets 06:00:00 2024-05-21 pm EDT			5-day change	1st Jan Change
44.46 ^USD	-1.66%		-10.54%	+430.23%

May. 07	Barrington Raises Price Target on Dave to $65 From $45, Maintains Outperform Rating	MT
May. 07	Investor Sentiment Muted After Rate Cut Optimism, Stifling US Equity Futures Pre-Bell	MT

Dave Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 07, 2024 at 07:31 am EDT

Dave Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 73.6 million compared to USD 58.9 million a year ago. Net income was USD 34.2 million compared to net loss of USD 14 million a year ago.

Basic earnings per share from continuing operations was USD 2.8 compared to basic loss per share from continuing operations of USD 1.19 a year ago. Diluted earnings per share from continuing operations was USD 2.6 compared to diluted loss per share from continuing operations of USD 1.19 a year ago.

Latest news about Dave Inc.

Barrington Raises Price Target on Dave to $65 From $45, Maintains Outperform Rating	May. 07	MT
Investor Sentiment Muted After Rate Cut Optimism, Stifling US Equity Futures Pre-Bell	May. 07	MT
Transcript : Dave Inc., Q1 2024 Earnings Call, May 07, 2024	May. 07
Earnings Flash (DAVE) DAVE OPERATING LLC Posts Q1 Revenue $73.6M, vs. Street Est of $70.8M	May. 07	MT
Dave Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 07	CI
Dave Inc. Revises Earnings Guidance for the Full Year 2024	May. 07	CI
JMP Securities Starts Dave With Market Outperform Rating, $70 Price Target	Apr. 29	MT
Barrington Upgrades Dave to Outperform Rating From Market Perform, Price Target is $45	Apr. 23	MT
Barrington Initiates Dave With Market Perform Rating	Mar. 15	MT
Dave Insider Sold Shares Worth $384,240, According to a Recent SEC Filing	Mar. 07	MT
Transcript : Dave Inc., Q4 2023 Earnings Call, Mar 05, 2024	Mar. 05
Dave Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 05	CI
Dave Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 05	CI
Earnings Flash (DAVE) DAVE OPERATING LLC Reports Q4 Revenue $73.2M	Mar. 05	MT
Dave Inc. Provides Financial Guidance for the Fiscal Year 2024	Mar. 05	CI
Dave Closes Repurchase of FTX Convertible Note for $71 Million	Jan. 30	MT
Sector Update: Financial Stocks Higher Late Afternoon	Jan. 05	MT
Sector Update: Financial Stocks Rise Friday Afternoon	Jan. 05	MT
Dave Shares Rise on Agreement to Repurchase $100 Million Promissory Note From FTX for $71 Million	Jan. 05	MT
Dave Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Transcript : Dave Inc., Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
Earnings Flash (DAVE) DAVE INC Posts Q3 Revenue $65.8M	Nov. 07	MT
Dave Expands Credit Facility by $50 Million to $150 Million, Extends Maturity by Two Years to December 2026	23-09-18	MT
Dave Inc. Amends Credit Facility to Increase Capacity and Advance Rate, Reduce Cost of Funds, and Extend Maturity	23-09-18	CI
Dave Inc. Announces Executive Changes	23-09-07	CI

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Company Profile

Dave Inc. specializes in neobanking and financial technology (fintech) services. The Company has built an integrated and fully digital financial services platform that provides millions of Americans with a variety of financial products. The Company offers cash advances through its flagship 0% interest ExtraCash product. Through its Banking, the Company provides a digital checking account service, integrated with ExtraCash advances. Its members can have access to tools for building long-term financial health, such as goals savings accounts and customizable automatic round-up savings on debit spend transactions. Its ExtraCash and banking products are offered through its bank partner, Evolve Bank & Trust. It also helps members generate extra income for spending or emergencies through its Side Hustle product, where the Company presents members with supplemental work opportunities, and through its Surveys product, where members can earn supplemental income by taking surveys.

Sector

Financial Technology (Fintech)

Calendar

12:45pm - B. Riley Securities Institutional Investor Conference

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

44.46 USD

Average target price

70 USD

Spread / Average Target

+57.44%

Consensus

EPS Revisions

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Financial Technology (Fintech) (NEC)