Shares of Riskified Ltd. (NYSE: RSKD) surged 5.06% in Wednesday's intraday trading session following the company's release of better-than-expected first-quarter 2025 financial results and reaffirmation of its full-year guidance.
The ecommerce fraud prevention company reported quarterly earnings of $0.03 per share, surpassing analyst estimates of $0.01. While this represents a 25% decrease from the same period last year, it still managed to beat expectations by 200%. Revenue for the quarter came in at $82.39 million, exceeding the consensus estimate of $79.23 million by 3.98% and marking a 7.83% increase year-over-year.
Riskified's CEO, Eido Gal, expressed optimism about the company's performance, stating, "I am encouraged by our start to the year, our execution on the 2025 product roadmap, and the increased pipeline generation year-to-date." The company maintained its full-year 2025 guidance, projecting revenue between $333 million and $346 million, and Adjusted EBITDA between $18 million and $26 million. This outlook, coupled with the company's strong cash position of $357.1 million and zero debt, appears to have bolstered investor confidence.
The market's positive reaction to Riskified's results reflects growing optimism about the company's strategic initiatives, including its expansion into new verticals and geographies, as well as its multi-product platform development. As Riskified continues to navigate the evolving ecommerce landscape, investors will be closely watching its ability to maintain growth and profitability in the face of ongoing economic challenges.
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