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The revenue increase was driven primarily by a higher net revenue margin associated with two new subscription tiers launched in the second quarter.
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Adjusted net income for the second quarter 2019 was $71 million.
Read More →This represents an increase of 13% when compared to revenue of $3.1 million in the fourth quarter of 2018.
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A webcast will also be available for 90 days on the IR section of the HyreCar website.
Read More →For the full-year 2018, total revenues were $9.5 billion, an 8% increase versus 2017.
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A web replay will be available online following the call.
Read More →The company anticipates releasing its annual financial reporting at the end of March.
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This significant increase in group revenues was the result of positive growth across all the group’s key markets.
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HyreCar also announced that it has expanded access to its proprietary platform for drivers and vehicle owners in all 50 U.S. states.
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This webcast and conference call can be accessed through a link on the Investor Relations section of the Hertz website.
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