Instacart Reports Q2 Results Exceed Expectations-February 2024-www.financetom.com

Instacart Reports Q2 Results Exceed Expectations

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Instacart Reports Q2 Results Exceed Expectations

Aug 6, 2024 2:06 PM

04:57 PM EDT, 08/06/2024 (MT Newswires) -- Instacart (CART) reported Q2 net income Tuesday of $0.20 per diluted share.

Analysts polled by Capital IQ expected $0.12.

Revenue for the quarter ended June 30 was $823 million, up from $716 million a year earlier.

Analysts surveyed by Capital IQ expected $804.4 million.

Price: 33.75, Change: +2.32, Percent Change: +7.38

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