03:59 AM EDT, 05/16/2024 (MT Newswires) -- Grab Holdings ( GRAB ) posted a Q1 loss late Wednesday of $0.03 per diluted share, narrower than the loss of $0.06 per share a year earlier.

Analysts polled by Capital IQ expected a loss of $0.01 per share.

Revenue for the quarter ended March 31 was $653 million, up from $525 million a year earlier.

Analysts surveyed by Capital IQ expected $638.5 million.

The company reiterated its full-year 2024 revenue outlook of $2.70 billion to $2.75 billion. Analysts surveyed by Capital IQ expect $2.77 billion.

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