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Innoviz Shares Drop On Q1 Miss; Clocks 144% Revenue Growth
Innoviz Technologies Ltd (NASDAQ:INVZ) reported first-quarter FY22 revenue growth of 144% year-on-year to $1.77 million, missing the consensus of $2.17 million. EPS loss…
GRAVITY Shares Soar Post Q1 Results; Ragnarok Drives Online Gaming Revenue
GRAVITY Co, Ltd (NASDAQ:GRVY) reported a first-quarter FY22 revenue decline of 15.7% year-on-year to $73.1 million. Online game revenues rose 10.2% Y/Y to…
BlackSky Shares Slide Post Q1 Results
BlackSky Technology Inc (NYSE:BKSY) reported first-quarter revenue growth of 91% year-over-year to $13.9 million, beating the consensus of $11 million. Imagery and…
PGT Innovations Clocks 32% Revenue Growth In Q1, Beats Estimates
PGT Innovations Inc (NYSE:PGTI) reported first-quarter sales growth of 32% year-over-year to $358.66 million, +17% organic growth, beating the consensus of $338.24…
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Vuzix Stock Slides After Reporting Q1 Below Street Expectation
Vuzix Corp (NASDAQ:VUZI) reported a first-quarter sales decline of 36.1% year-over-year to $2.5 million, missing the consensus of $3.4 million. The decrease…
Euronav Q1 Results Surpass Street Expectations
Euronav NV (NYSE:EURN) reported that first-quarter revenue improved by 5.1% year-over-year to $114.37 million, beating the consensus of $92.73 million. Total shipping…
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Coupang Shares Soar Afterhours On Q1 Results, Clocks 22% Revenue Growth

By Akanksha Bakshi
  • Coupang Inc (NYSE:CPNG) reported first-quarter revenue growth of 22% year-over-year to $5.12 billion, +32% on a constant currency basis, missing the consensus of $5.25 billion.
  • Active customers increased by 13% Y/Y, and total net revenues per Active Customer improved by 8% Y/Y to $283.
  • The total gross profit was $1.04 billion (+42% Y/Y), and the gross margin expanded by 300 bps to 20.4%.
  • The operating loss contracted to $(205.71) million from $267.32 million a year ago.
  • Adjusted EBITDA loss contracted for the quarter to $(90.87) million from $132.97 million in 1Q21.
  • Product Commerce revenue of $4.94 billion (+20% Y/Y) and Developing Offerings revenue of $180.63 million (+65% Y/Y).
  • EPS was $(0.12), beating the consensus of $(0.17).
  • Net cash used in operating activities totaled $(249.03) million for Q1, versus $(150.48) million in 1Q21.
  • “We expect our focus on customer-driven innovations and operational excellence to continue to bear fruit in the quarters and years ahead,” commented Gaurav Anand, CFO of Coupang.
  • Price Action: CPNG shares are trading higher by 18.82% at $11.49 during the post-market session on Wednesday.
  • Photo via Wikimedia Commons
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Dive Deeper:
Innoviz Shares Drop On Q1 Miss; Clocks 144% Revenue Growth
Innoviz Technologies Ltd (NASDAQ:INVZ) reported first-quarter FY22 revenue growth of 144% year-on-year to $1.77 million, missing the consensus of $2.17 million. EPS loss…
GRAVITY Shares Soar Post Q1 Results; Ragnarok Drives Online Gaming Revenue
GRAVITY Co, Ltd (NASDAQ:GRVY) reported a first-quarter FY22 revenue decline of 15.7% year-on-year to $73.1 million. Online game revenues rose 10.2% Y/Y to…
BlackSky Shares Slide Post Q1 Results
BlackSky Technology Inc (NYSE:BKSY) reported first-quarter revenue growth of 91% year-over-year to $13.9 million, beating the consensus of $11 million. Imagery and…
PGT Innovations Clocks 32% Revenue Growth In Q1, Beats Estimates
PGT Innovations Inc (NYSE:PGTI) reported first-quarter sales growth of 32% year-over-year to $358.66 million, +17% organic growth, beating the consensus of $338.24…
One subscription that gives you access to news from hundreds of sites
Vuzix Stock Slides After Reporting Q1 Below Street Expectation
Vuzix Corp (NASDAQ:VUZI) reported a first-quarter sales decline of 36.1% year-over-year to $2.5 million, missing the consensus of $3.4 million. The decrease…
Euronav Q1 Results Surpass Street Expectations
Euronav NV (NYSE:EURN) reported that first-quarter revenue improved by 5.1% year-over-year to $114.37 million, beating the consensus of $92.73 million. Total shipping…
Get all your news in one place