Reformation Beats Q2 Revenue Estimates and Raises Annual Guidance
REF Reformation Inc
$19.34 -4.92%
View chart & analysis → - 1Reformation's Q2 revenue of $173.57 million exceeded the consensus estimate of $170.48 million.
- 2Management raised the annual revenue guidance to $610 million–$612 million.
- 3On a GAAP basis, Reformation recorded a net loss of $1.1 million in Q2.
So what's the key point?
Reformation earned more revenue than experts expected. The company also raised its annual revenue outlook, leading to expectations of higher stock prices.
Source Earnings Whispers +1 · View original ↗
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