Reports Q3 revenue $10.3M, consensus $10.33M. "Since closing the warehousing line, we have shifted our resources to executing with AmeriDrive to deploy over $20 million worth of cars through our financing partnership with Credit Suisse and Medalist Partners. We anticipate the line of credit to continue unlocking unprecedented fleet scale for our platform and hundreds of thousands of drivers in the United States who are looking to rent cars to participate in the gig economy," said Joe Furnari, CEO of HyreCar. "Q4 is on track to be the strongest quarter in the company’s history as we ramp supply through the line and maintain our focus on positive margins, incremental EV supply and expanding our relationship with rideshare and delivery platforms across the country."
Published first on TheFly
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