07:25 AM EDT, 08/15/2024 (MT Newswires) -- Grab Holdings ( GRAB ) reported a Q2 loss Thursday of $0.01 per diluted share, narrowing from a loss of $0.03 a year earlier.

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

Revenue for the quarter ended June 30 was $664 million, up from $567 million a year earlier.

Analysts surveyed by Capital IQ expected $676.1 million.

The company said it continues to expect 2024 revenue of $2.70 billion to $2.75 billion.

Analysts surveyed by Capital IQ expect $2.77 billion.

Shares of the company were down more than 8% in recent Thursday premarket activity.

Price: 3.0900, Change: -0.28, Percent Change: -8.31