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Maplebear Q2 Earnings: Instacart Stock Pops As Revenue, Earnings Beat Expectations
Maplebear Inc (NASDAQ:CART) shares are trading higher in Tuesday’s after-hours session after the company reported better-than-expected financial results and issued strong guidance.
Q2 Revenue: $823 million, versus estimates of $806.57 million
Q2 EPS: 20 cents, versus estimates of 13 cents
Gross transaction value was $8.19 billion in the quarter, up 10% year-over-year.
“Our strong Q2 results demonstrate our consistent execution towards our vision ...