Rover Group reports Q2 EPS 0c, consensus (1c)

Reports Q2 revenue $58.5M, consensus $52.18M. Reports total bookings of 1.7M, up 20% year-over-year. “Rover delivered a strong quarter, reporting 35% revenue growth and bottom line margin expansion,” said Rover co-founder and CEO, Aaron Easterly. “Our product improvements and expanded marketing efforts drove strong overall performance, while our European markets are showing inspiring progress. Our significant bottom line margin improvement stands out this quarter, demonstrating the operating leverage inherent in our business. We are incredibly proud of how our team is executing and remain confident in achieving our long-term targets.”