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Kirby McInerney LLP Announces Investigation Against Ibotta, Inc. (IBTA) on Behalf of Investors
Ibotta, Inc.Ibotta, Inc.(US:IBTA) Newsfilterยท2025-03-01 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].