05:15 PM EDT, 05/30/2024 (MT Newswires) -- Ibotta ( IBTA ) reported Q1 adjusted earnings late Thursday of $0.54 per diluted share, compared with a loss of $0.10 a year earlier.

Four analysts polled by Capital IQ expected $0.35.

Revenue for the quarter ended March 31 was $82.3 million, up from $57.7 million a year earlier.

Analysts surveyed by Capital IQ expected $81.1 million.

The company said it expects Q2 revenue between $83.5 million and $86.5 million.

Analysts polled by Capital IQ expect $84.8 million.

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