07:34 AM EDT, 08/14/2024 (MT Newswires) -- Riskified ( RSKD ) reported Q2 non-GAAP earnings Wednesday of $0.04, compared with break-even a year earlier.

Analysts polled by Capital IQ expected $0.03 per share.

Revenue for the quarter ended June 30 was $78.7 million, up from $72.8 million a year earlier.

Analysts surveyed by Capital IQ expected $78.5 million.

For 2024, the e-commerce technology company said it now expects revenue of $320 million and $325 million, compared with $323 million to $335 million previously. Analysts polled by Capital IQ expect $329.5 million.

Riskified ( RSKD ) shares rose by more than 5.5% in Wednesday's premarket activity.

Price: 6.29, Change: +0.33, Percent Change: +5.54