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Dave Announces Preliminary Financial Results for Third Quarter 2024 and Issues Statement Regarding FTC Matter
GlobeNewswire News Room· 2024-11-05 21:59
LOS ANGELES, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced certain preliminary financial results for the quarter ended September 30, 2024. Preliminary Financial Results for Third Quarter 2024 Management expects the Company to report the following preliminary, unaudited results in respect of its quarterly period ended September 30, 2024: Revenue of $92.5 million, a 41% year-over-year increaseNet Income of $0.5 milli ...
Dave to Report Third Quarter 2024 Results on November 12, 2024 at 5:00 p.m. ET
GlobeNewswire News Room· 2024-10-25 12:30
Core Points - Dave Inc. will host a conference call on November 12, 2024, at 5:00 p.m. Eastern time to discuss its Q3 financial results for the period ending September 30, 2024 [1] - The financial results will be released in a press release prior to the call, and the call will include a question-and-answer session [1] - The conference call will be available for replay on the company's website along with a transcript [1] Company Overview - Dave is a leading U.S. neobank and fintech pioneer, serving millions of everyday Americans [2] - The company utilizes disruptive technologies to offer competitive banking services at lower costs compared to traditional banks [2] - Dave partners with Evolve Bank & Trust, which is a member of the FDIC [2]
Has DAVE INC (DAVE) Outpaced Other Business Services Stocks This Year?
ZACKS· 2024-10-17 14:45
The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Dave Inc. (DAVE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Dave Inc. is a member of our Business Services group, which include ...
Dave & Buster's: A Turnaround Story With 50%+ Upside
Seeking Alpha· 2024-10-12 02:50
Dave & Buster's (NASDAQ: PLAY ) is a known brand in the US. I came across it when my employer took me I choose to analyze stocks based on their cash flow potential, relative value and economic moat. My belief is that success in investing can come from unconventional and unconstrained investing. In my idea generation process, story-telling must be backed up by quantitative analysis to pin down the upside/downside potential. I tend to turn down numerous ideas before narrowing on few compelling stock ideas per ...
Dave: A Fintech With Long-Term Growth Potential
Seeking Alpha· 2024-10-11 09:42
Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...
PTX Metals Appoints Dave Bell as a Technical Advisor to Its 100% Owned W2 Copper, Nickel, PGE and Gold Project
GlobeNewswire News Room· 2024-10-09 13:29
TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- PTX Metals Inc. (CSE: PTX) (OTCQB: PANXF, Frankfurt: 9PX) ("PTX" or the "Company"), a mineral exploration Company focused on high-quality gold, copper, nickel and PGE projects in northern Ontario, is pleased to announce the appointment of Dave Bell to its technical team to further assist PTX with the development and advancement of its W2 Cu, Ni, PGE and Au project in northwestern Ontario. With 25 years of experience in community engagement, government relations, an ...
Dave & Buster's Stock's Earnings Estimates Going Down: Hold or Fold?
ZACKS· 2024-10-03 14:46
The Zacks Consensus Estimate for Dave & Buster's Entertainment, Inc.'s (PLAY) 2024 and 2025 earnings per share (EPS) has dropped by 10.9% and 16.7%, respectively, in the past 60 days. The downward revision in earnings estimates indicates analysts' decreasing confidence in the stock. The company has also missed the Zacks Earnings Estimates in the trailing two quarters. Shares of Dave & Buster's have declined 12.7% in the past three months against the Zacks Retail - Restaurants industry's 13.4% growth. The co ...
Dave & Buster's Stock Isn't Playing Around: It's Building Value
MarketBeat· 2024-09-12 11:33
Dave & Buster's NASDAQ: PLAY stock surged more than 10% after its Q2 earnings release because the narrative went something like this: the company is growing, but growth is weak, and expectations are missed. However, the miss was tepid, creating a "meh" reaction from the market because the margin widened, driving leverage and unexpected earnings strength. Earnings strength is expected to stick, setting the company up for leveraged earnings growth when consumer habits shift. That is expected over the next twe ...
Why Dave & Buster's Stock Triumphed Today
The Motley Fool· 2024-09-11 22:16
The company posted encouraging growth in a number of key second-quarter metrics. Like a successful video game play, Dave & Buster's Entertainment (PLAY 4.66%) was a stock market winner on Wednesday. The company's share price leaped nearly 5% higher following the release of its second-quarter results, making it an outlier on a day when the S&P 500 index booked a gain of slightly more than 1%. A crushing beat on the bottom line Dave & Buster's management unveiled those results after market hours Tuesday, whic ...
Menu, Pricing Changes Help Boost Dave & Buster's Profit
Investopedia· 2024-09-11 15:31
Key Takeaways Dave & Buster's Entertainment reported profit that exceeded analysts' forecasts as the chain made changes to its menu, pricing strategy, and added new locations. Still, comparable store sales fell 6.3% from a year ago as CEO Chris Morris said the company faced a "complex and challenging environment." Shares of Dave & Buster's rose in early trading Wednesday before giving up gains later in the session. Dave & Buster's Entertainment (PLAY) posted a better-than-expected profit for the second quar ...