Upstart Q1 guidance conservative & beat coming again
macrovalue.substack.com
Upstart Q4 revenue was $305mio and their Q1 revenue guidance mid-point is $300mio. The reason given for flat sequential revenue guidance is Q1 seasonal fall in consumer loans on tax refunds. From earnings call: It is true that US consumer loan outstanding falls through Q1 seasonally. Average consumer loans outstanding is typically equal in Q4 and the following Q1.
Upstart Q1 guidance conservative & beat coming again
Upstart Q1 guidance conservative & beat…
Upstart Q1 guidance conservative & beat coming again
Upstart Q4 revenue was $305mio and their Q1 revenue guidance mid-point is $300mio. The reason given for flat sequential revenue guidance is Q1 seasonal fall in consumer loans on tax refunds. From earnings call: It is true that US consumer loan outstanding falls through Q1 seasonally. Average consumer loans outstanding is typically equal in Q4 and the following Q1.