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Aug 9, 2024 · Turo Inc. reversed a year-ago loss to post a profit for the six months that ended June 30 as the car-sharing marketplace moves ahead with plans to float an initial public offering.
Mar 8, 2024 · Its gross margins devolved slightly last year, falling from 54.3% in 2022 to 51.4% in 2023. Partially as a result of that gross margin dip, Turo’s profitability in calendar 2023 lagged its 2022...
Mar 12, 2024 · From 2021 to 2023, Turo’s net revenues have grown nearly 88% to $879.6 million last year. The company has been profitable since 2021, and it has filed to go public. I talked to Fisher about Turo...
Jun 13, 2023 · Turo swung to an operating loss of $11.4 million from an operating profit of $3.9 million last year. Net loss widened to $23.9 million from a loss of $7 million a year earlier. If Turo was...
Apr 3, 2024 · Turo turned the corner on profitability in 2022, reporting net income of $154.7 million on revenues of $746.6 million. The company's income shrank to $15.6 million in 2023, even as revenue rose...
Mar 24, 2023 · Turo, a startup that allows consumers to rent their cars to one another, filed an update to its IPO paperwork Friday, detailing its full 2022 financial performance. The upshot? Turo has continued...
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Jun 9, 2023 · Car-sharing company Turo late Friday updated its initial public offering filing, saying that revenue rose 30% to $186 million in first quarter, from $143 million in the year-ago period. That also...
