Riskified Ltd Cl A Up 7.68% To $4.91 After Earnings

Riskified Ltd (RSKD) missed earnings estimates for Q4 2023 this morning.

reported that it broke-even during the quarter.



The stock is up 7.68% to $4.91 after the report.

Riskified Ltd Cl A's profit margins maintained as both earnings and revenue declined at the same pace.

The average recommendation from Wall Street analysts was a Buy which may get revised based on this new data.

Trading in the five days leading up to the report earned Riskified Ltd Cl A a Bearish Sentiment Rank from InvestorsObserver.

Riskified Ltd Cl A has performed a little below average during the past few months. Before the report, Riskified Ltd Cl A received a Long-Term Technical Rank by InvestorsObserver of 39, putting it in the bottom half of stocks. The firm set a 52-week low on October 16, 2023 at $3.48 and set a 52-week high on March 10, 2023 at $6.24.

Riskified Ltd has built a next-generation eCommerce risk management platform that allows online merchants to create trusted relationships with their consumers. It primarily generates revenue by granting merchants access to its eCommerce risk management platform and reviewing and approving eCommerce transactions for legitimacy.