Wag! Group reports Q2 EPS (10c), consensus (9c)

Reports Q2 revenue $19.8M, consensus $19.6M. The company “reached a total of 549,000 Platform Participants in Q2 2023, an increase of 42% from 387,000 in Q2 2022.” “We’re thrilled to share our first Adjusted EBITDA positive quarter as a public company, and for the fifth consecutive quarter we are revising our Adjusted EBITDA guidance upward. We are continuing to make long-term investments across the business in order to balance growth and profitability in 2023 and beyond,” said Garrett Smallwood, CEO.