SunCar Q1 Loss Narrows, Revenue Rises; Issues Guidance

MT Newswires Live
20 May

SunCar Technology (SDA) reported late Monday a Q1 diluted net loss of $0.03 per share, narrowing from a $0.04 loss a year ago.

Revenue for the quarter ended March 31 was $102.6 million, up from $85.6 million a year earlier.

For full-year 2025, it expects revenue of $521 million to $539 million. One analyst expected $531.5 million in a FactSet poll.

Shares were up more than 3% in after-hours activity.

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