Dave Inc. (DAVE)
- GlobeNewswire
Dave Announces Third Quarter 2023 Results
Raises 2023 Guidance for Non-GAAP Revenue, Non-GAAP Variable Margin and Adjusted EBITDA, Implying Adjusted EBITDA Profitability in Q4 2023 at the Midpoint of the RangeQ3 GAAP Revenue up 7% Q/Q to $65.8 Million; Q3 Non-GAAP Variable Profit up 13% Q/QQ3 Net Loss Improves by 47% Q/Q; Adj. EBITDA Loss Improves 81% Q/Q to $2.5 Million LOS ANGELES, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today reported its financial re
- GlobeNewswire
Dave to Report Third Quarter 2023 Results on November 7, 2023 at 4:30 p.m. ET
LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, November 7, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. The Company’s results will be reported in a press release prior to the call. Dave management will host the conference call, followed by a question-and-answer period. The conference call details are a
- GlobeNewswire
Dave Amends Credit Facility to Increase Capacity and Advance Rate, Reduce Cost of Funds, and Extend Maturity
LOS ANGELES, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, has amended its existing Delayed Draw Senior Secured Loan Facility (the “Credit Facility”) with Victory Park Capital Advisors, LLC (“VPC”), effective September 13, 2023. The amendment to the Credit Facility accomplishes the following: Increases the total size by $50 million to $150 million;Increases the advance rate by over 800 basis points based on the $75 mi
