HYRE - Earnings announcements

LOS ANGELES, Nov. 14, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today reported financial results and provided a corporate update for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights The company's joint venture with AmeriDrive, HyreDrive LLC, has deployed over $20 million from the $100 million warehousing line, resulting in over 1,200 new cars purchased dedicated to the HyreCar platformAmeriDrive expects to add an additional 2,000 cars to the HyreCar platform in the next six to nine monthsDriver demand continued to increase, with new driver signups increasing 14% with cos

LOS ANGELES, Nov. 07, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today announced plans to release its third quarter 2022 financial results on Monday, November 14, 2022 immediately following the close of market. The call will be hosted by Joe Furnari, Chief Executive Officer, and Eduardo Iniguez, interim Chief Financial Officer. Following management's formal remarks, there will be a question-and-answer session. To listen to the conference call, interested parties within the U.S. should dial 1-866-777-2509 (domestic) or 1-412-317-5413 (international). All callers should dial in approximately 10 min

LOS ANGELES, Sept. 06, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ:HYRE), the leader in carsharing for rideshare and food/beverage delivery, announced today an agreement with a premier global investment bank and Medalist Partners for a $100 million warehousing line of credit. The global investment bank will provide primary financing with Medalist Partners providing $20 million of additional financing. Under the agreement, HyreCar's fleet operator partner, AmeriDrive Holdings, LLC, will use this facility to purchase vehicles for exclusive listing on the HyreCar platform through a bankruptcy-remote joint venture. Through this initial warehousing line, HyreCar expects AmeriDrive to add an

LOS ANGELES, Aug. 15, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today reported financial results and provided a corporate update for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights Revenue was $10.5 million, compared to $9.1 million during the same period of 2021, an increase of approximately 16% from the same quarter last year, achieving the strongest revenue quarter in the company's historyGross margin hit a twelve month high of 35% in Q2 of 2022, improving by over 11 points compared to Q2 of 2021 normalized gross margin of 24%Net loss was ($4.4) million and ea

LOS ANGELES, Aug. 08, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today announces that it will report second quarter 2022 financial results on Monday, August 15, 2022 immediately following the close of market.  Joe Furnari, CEO, Serge De Bock, CFO and Brian Allan, President, will host a conference call at 4:30 p.m. ET on Monday, August 15, 2022 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. To listen to the conference call, interested parties within the U.S. should dial 1-866-777-2509

HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights Revenue was $9.6 million, compared to $7.4 million during the same period of 2021, an increase of approximately 28% from the same quarter last year Net loss was ($5.3) million and earnings per share of ($0.24), compared to ($7.2) million and ($0.37) in the same period last year Adjusted EBITDA of ($4.1) million and adjusted EBITDA per share of ($0.20), also referred to as adjusted net loss per share, compared to ($3.4) million or ($

Conference Call to be held Monday, May 16, 2022, at 4:30 p.m. Eastern Time HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announces that it will report first quarter 2022 financial results on Monday, May 16, 2022 immediately following the close of market. Joe Furnari, CEO, Serge De Bock, CFO, and Brian Allan, President, will also host a conference call at 4:30 p.m. ET on Monday, May 16, 2022, to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. To listen to the conference call, interested parties within the U.S. shou

Full-Year Revenues Increased 41% to $35.7 Million 2021 Rental Days Increased 27% to 1,286,000 HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the year ended December 31, 2021. Full-Year 2021 Financial Highlights Revenue was $35.7 million, compared to $25.2 million in 2020, an increase of 41%. Net Loss of ($26.0) million and earnings per share of ($1.26), compared to ($15.2) million and ($0.87) in 2020. Adjusted EBITDA of ($19.3) million and Adjusted EBITDA per share of ($0.93), compared to ($11.0) million or ($0.63) per share in 2020. Cash, Cash Equivale

Conference Call to be held Tuesday March 15, 2022, at 4:15 p.m. Eastern Time HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announces that it will report fourth quarter and year-end 2021 financial results on Tuesday, March 15, 2022 immediately following the close of market. Joe Furnari, CEO and Serge De Bock, CFO will also host a conference call at 4:15 p.m. ET on Tuesday, March 15, 2022, to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. To listen to the conference call, interested parties within the U.S. should d

HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the third quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights Revenue was approximately $9.7 million, compared to approximately $6.8 million during the same period of 2020, an increase of approximately 43% from the same quarter last year. Net loss was ($6.1) million and earnings per share of ($0.29), compared to ($1.8) million and ($0.10) in the same period last year. Adjusted EBITDA of ($5.1) million and adjusted EBITDA per share of ($0.29), also referred to as adjusted net loss per share,

Conference Call to be held Tuesday November 9, 2021, at 4:30 p.m. Eastern Time HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announces that it will report third quarter 2021 financial results on Tuesday, November 9, 2021 immediately following the close of market. Joe Furnari, CEO and Serge De Bock, CFO will also host a conference call at 4:30 p.m. ET on Tuesday, November 9, 2021, to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. To listen to the conference call, interested parties within the U.S. should dial 1-86

Second Quarter Revenue Increases 62% to $9.1 Million, as Rental Days exceeded 333,000 up 44% Year-over-Year; HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the second quarter June 30, 2021. Second Quarter 2021 Financial Highlights Revenue was $9.1 million, compared to $5.6 million in 2020, an increase of 62% from the same quarter last year. Net Loss of ($9.3) million and earnings per share of ($0.45), compared to ($3.8) million and ($0.22) in the same period last year. Adjusted EBITDA of ($7.1) million and adjusted EBITDA per share of ($0.36), also referre

HyreCar Inc. (NASDAQ:HYRE), the carsharing marketplace for ridesharing, food, and package delivery services, announced it will release its financial results for the second quarter ended June 30, 2021, after market close on Tuesday, August 10, 2021. The announcement will be followed by a live earnings conference call at 1:30 p.m. PDT (4:30 p.m. EDT). To participate in the call, please dial (866) 670-5260 (domestic) or (409) 217-8773 (international). The conference code is 7264267. This call is being webcast and can be accessed on the Investor Relations section of HyreCar's website at: https://ir.hyrecar.com/. A replay of the webcast will be available approximately two hours after the concl