BRDS - Earnings announcements

Net loss was $(9.3) million compared to $(320.3) million in the second quarter of 2022 Adjusted EBITDA for the second quarter improved by $27.7 million to $(1.2) million from $(28.9) million in the second quarter of 2022 Gross profit of $19.4 million compared to $(23.2) million in the prior year period Consolidated gross margin of 40% improved by 75 basis points year-over-year Year-over-year ride profit (before depreciation) margin improved by 10 points to 57% in the second quarter Total operating expenses in the second quarter decreased 89% and adjusted operating expenses decreased 50% Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally f

Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that it will release financial results for the second quarter 2023 after the U.S. market closes on Wednesday, August 9, 2023. The Company will host a webcast and conference call the following day at 8:00 a.m. Eastern Time on Thursday, August 10, 2023, to discuss the financial results and other business updates. Interested parties are invited to join the live webcast available online at https://ir.bird.co. A recorded replay of the webcast will be available within two hours of the conclusion of the event and can be accessed online at https://ir.bird.co for 9

Consolidated gross margin improved by 15 points to 17% and Ride Profit Margin before vehicle depreciation improved by 17 points to 52% Total operating expenses decreased 60% year-over-year; Adjusted Operating Expenses decreased 39% year-over-year Net loss of $44.3 million Adjusted EBITDA improved by $23.8 million to $(15.6) million from $(39.4) million in the prior year period Reaffirmed 2023 guidance with Adjusted EBITDA of $15 to $20 million, and positive cash flow of $5 to $10 million Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the first quarter ended March 31,

Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that it will release financial results for the first quarter 2023 after the U.S. market closes on Wednesday, May 10, 2023. The Company will host a webcast and conference call the following day at 8:00 a.m. Eastern Time on Thursday, May 11, 2023, to discuss the financial results and other business updates. Participants are invited to dial 1-877-407-0792 approximately 10 minutes prior to the start of the call, or join the live audio webcast available online at https://ir.bird.co. A recorded replay of the webcast will be available within two hours of the conc

Third Quarter Revenue Increased by 19% YoY to $72.9 Million Gross Margin Reached Record High of 38% GAAP Net Loss But First Positive Adjusted EBITDA and Operating Cash Flow Quarter Achieved Annual Run-Rate Savings of $80 Million; Targeting $30-$40 Million Cost Reduction by Early 2023 Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the third quarter ended September 30, 2022. Revenue increased 19% to $72.9 million, compared to $61.1 million in the same period in 2021 (the "prior year period"), driven by a 15% increase in Sharing revenues. Consolidated gross margin was 38%, up 2

Second Quarter Revenue Increased by 28% YoY to $76.7 Million Strengthened Cash Position to $105 Million At Quarter End1 Reiterates Full Year 2022 Revenue Outlook; On Track to Achieve Cost Savings Initiatives Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the second quarter ended June 30, 2022. Travis VanderZanden, Founder and CEO of Bird, said, "During the second quarter, we took significant actions on our path to achieve profitability and to align our organization to prioritize balanced growth with expense and capital discipline. Through the cost savings initiatives we implement

Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that its financial results for the second quarter of fiscal 2022 will be released after market closes on Monday, August 15, 2022. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results and other business updates. Investors and analysts interested in participating in the call are invited to dial 877-407-0792 (international callers please dial 201-689-8263) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at bird.co/investor. A recorded re

First Quarter Revenue Increased by 48% YoY to $38.0 Million, Above the Guidance Range Announces Cost Savings Initiatives Focused on Accelerating Path to Profitability Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the first quarter ended March 31, 2022. Travis VanderZanden, Founder and CEO of Bird, said, "Our first quarter revenue performance exceeded our guidance range. The results were driven by continued demand recovery into the end of the period and a strong foundation of leading technology and Fleet Manager operating model efficiencies. Looking forward, we are taking action

Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that its financial results for the first quarter of fiscal 2022 will be released after market closes on Monday, May 16, 2022. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results and other business updates. Investors and analysts interested in participating in the call are invited to dial 844-826-3033 (international callers please dial 412-317-5185) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at bird.co/investor. A recorded replay

Delivers Record Fourth Quarter and Full Year Performance Fiscal 2021 Revenue Increased by 117% YoY to $205.1 Million, at the High End of the Guidance Range Provides First Quarter and Full Year 2022 Revenue Outlook Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the fourth quarter and full year ended December 31, 2021. Travis VanderZanden, Founder and CEO of Bird, said, "We are very pleased with our strong finish to fiscal 2021. We exceeded our increased expectations for the year by capitalizing on the momentum driven by easing pandemic-related restrictions and continued adoption

Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced that its financial results for the fourth quarter and full year fiscal 2021 will be released after the market closes on Tuesday, March 15, 2022. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results and other business updates. Investors and analysts interested in participating in the call are invited to dial 877-407-0792 (international callers please dial 201-689-8263) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at https://ir.bird.c

Third Quarter Revenue Increased by 63% YoY to $65.4 Million Adjusted EBITDA of $(5) Million Increases in 2021 Revenue and Adjusted EBITDA Outlook Driven by Strong Year-to-Date Performance Bird Global, Inc. ("Bird" or the "Company") (NYSE:BRDS), a leader in environmentally friendly electric transportation, today announced financial results for the third quarter ended September 30, 2021. Travis VanderZanden, Founder and CEO of Bird, said, "Our third quarter results illustrate how we continue to capitalize on robust consumer demand and further our path to profitability driven by strong execution and compelling unit economics. We have scaled our operations to over 350 cities, including deep