Upstart misses by $0.16, misses on revs; guides Q4 revs below consensus
- Reports Q3 (Sep) loss of $0.24 per share, excluding non-recurring items, $0.16 worse than the S&P Capital IQ Consensus of ($0.08); revenues fell 31.2% year/year to $157.23 mln vs the $169.44 mln S&P Capital IQ Consensus.
- Co issues downside guidance for Q4, sees Q4 revs of ~$125-145 mln vs. $185.32 mln S&P Capital IQ Consensus.
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