Dave (DAVEW) Expected to Release Earnings on Wednesday

Dave (NASDAQ:DAVEW) is expected to be releasing its resultson Wednesday, August 5th. Analysts expect the company to post earnings of $3.42 per share and revenue of $170.9450 million for the quarter.

Dave Trading Down 5.5%

Shares of NASDAQ DAVEW traded down $0.17 during mid-day trading on Wednesday, hitting $2.83. 54,940 shares of the stock traded hands, compared to its average volume of 47,003. The stock has a fifty day moving average price of $1.88 and a 200-day moving average price of $1.02. Dave has a 52 week low of $0.20 and a 52 week high of $4.03.

About Dave

Dave, Inc is a technology-driven financial services company that offers a suite of digital banking and budgeting tools designed to help consumers avoid overdraft fees and better manage their day-to-day finances. Through its mobile application, Dave provides interest-free cash advances of up to a few hundred dollars, automated expense tracking, budgeting insights and early access to direct deposits. The platform also offers a subscription-based membership that bundles these features with tools such as savings recommendations and credit-building services, creating an alternative to traditional banking products.

Founded in 2016 and headquartered in Los Angeles, California, Dave began as a peer-to-peer lending network before pivoting to a more comprehensive personal finance solution.