Ibotta, Inc.(IBTA)

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IBTA INVESTIGATION ALERT: Investigation Launched into Ibotta, Inc. and Attorneys Encourage Investors with Substantial Losses or Witnesses with Relevant Information to Contact Law Firm
Prnewswire· 2025-03-17 04:55
Company Overview - Ibotta, Inc. provides digital promotion services through a network of publishers known as the Ibotta Performance Network [3] - The company completed its initial public offering in April 2024, selling over 7.5 million shares at $88.00 per share, resulting in over $660 million in gross offering proceeds [3] Recent Developments - On February 26, 2025, Ibotta reported its first full-year financial results as a public company, indicating that first quarter 2025 sales were expected to be flat and margins were projected to shrink by approximately 50% [4] - Following this announcement, Ibotta's stock price experienced a significant decline of 46% [4] Legal Investigation - Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Ibotta, focusing on whether the company and certain executives made false or misleading statements or failed to disclose material information to investors [1][2]
ROSEN, LEADING INVESTOR COUNSEL, Encourages Ibotta, Inc. Investors to Inquire About Securities Class Action Investigation - IBTA
GlobeNewswire News Room· 2025-03-15 20:22
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Ibotta, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Class Action - Shareholders who purchased Ibotta securities may be entitled to compensation through a class action without any out-of-pocket fees, as the Rosen Law Firm prepares to seek recovery of investor losses [2]. - The investigation follows a significant drop in Ibotta's stock price, which fell 46% on February 27, 2025, after the company reported fourth-quarter earnings that missed expectations and provided disappointing guidance for the first quarter of 2025 [3]. Group 2: Company Background and Legal Expertise - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering substantial amounts for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including a notable settlement against a Chinese company and being ranked among the top firms in this area since 2013 [4].
IBTA Investors Have Opportunity to Lead Ibotta, Inc. Securities Fraud Lawsuit
Prnewswire· 2025-03-14 23:28
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Ibotta, Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Shareholders who purchased Ibotta securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Ibotta [2]. Group 2: Company Performance and Stock Impact - On February 26, 2025, Ibotta's shares fell 30% after the company reported fourth-quarter earnings that missed expectations and provided weak guidance for the first quarter of 2025 [3]. - Following the negative news, Ibotta's stock plummeted 46% on February 27, 2025 [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4].
IBTA Investors Have Opportunity to Join Ibotta, Inc. Securities Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-03-04 01:43
LOS ANGELES, March 3, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ibotta, Inc. ("Ibotta" or "the Company") (NYSE: IBTA) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ibotta reported its financial reports for the second quarter of 2024 on August 13, 2024. ...
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ibotta, Inc. - IBTA
Prnewswire· 2025-03-03 17:50
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Ibotta, Inc. and its executives, following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - Ibotta reported earnings per share of $0.67 for Q4 2024, missing consensus estimates of $0.71 [3]. - The company's revenue for the same period was $98.4 million, reflecting a year-over-year decline of 1% [3]. - Ibotta provided a weaker-than-expected outlook for Q1 2025, leading to analyst downgrades due to advertising supply constraints and sales execution challenges [3]. Stock Performance - Following the release of its financial results, Ibotta's stock price fell by $29.08, or 46.09%, closing at $34.01 per share on February 27, 2025 [4]. IPO Details - Ibotta conducted its initial public offering on April 18, 2024, offering 6,560,700 shares at a price of $88.00 per share [2].
Kirby McInerney LLP Announces Investigation Against Ibotta, Inc. (IBTA) on Behalf of Investors
Newsfilter· 2025-03-01 01:00
Core Viewpoint - Kirby McInerney LLP is investigating potential claims against Ibotta, Inc. regarding possible violations of federal securities laws and unlawful business practices [1]. Financial Performance - Ibotta reported fourth quarter revenue of $98.4 million for the year ended December 31, 2024, which is a 1% decline year-over-year [3]. - The company provided a revenue outlook for the first quarter of 2025, estimating between $80 million and $84 million, indicating a 0% year-over-year increase at the midpoint [3]. - Following the financial results announcement, Ibotta's share price fell by $29.08, or approximately 46%, from $63.09 on February 26, 2025, to $34.01 on February 27, 2025 [3].
Johnson Fistel, LLP's Denver Office Continues Investigation into Ibotta, Inc. on Behalf of Shareholders Who Incurred Losses
GlobeNewswire News Room· 2025-02-27 16:04
SAN DIEGO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- The Denver Law Office of Johnson Fistel, LLP is investigating whether Ibotta, Inc. (NYSE: IBTA)—headquartered in Denver, Colorado—or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose information to investors. What if I purchased Ibotta securities? If you purchased securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation For more information, ...
Ibotta, Inc.(IBTA) - 2024 Q4 - Earnings Call Transcript
2025-02-27 01:25
Ibotta, Inc. (NYSE:IBTA) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Shalin Patel – Vice President, Investor Relations Bryan Leach – Founder and Chief Executive Officer Sunit Patel – Chief Financial Officer Conference Call Participants Andrew Marok – Raymond James Andrew Boone – JMP Securities Eric Sheridan – Goldman Sachs Ron Josey – Citi Chris Kuntarich – UBS Curt Nagle – Bank of America Bernie McTernan – Needham Shalin Patel Good afternoon, and welcome to Ibotta's Q ...
Ibotta, Inc.(IBTA) - 2024 Q4 - Earnings Call Presentation
2025-02-26 23:20
Earnings presentation Fourth quarter and full year 2024 $1.30 back Add offer Some of the financial information and data contained in this presentation, such as Non-GAAP direct-to-consumer redemption revenue, Non-GAAP redemption revenue, Non-GAAP direct-to-consumer redemption revenue per redemption, Non-GAAP total revenue, Non- GAAP redemption revenue per redemption, Adjusted EBITDA, Adjusted EBITDA margin, Non-GAAP gross profit, Non-GAAP operating expenses as a percentage of Non-GAAP revenue, Non-GAAP sales ...
Ibotta, Inc.(IBTA) - 2024 Q4 - Annual Report
2025-02-26 22:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-42018 IBOTTA, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction ...