Key Points - Q1 revenue reached $78.8 million, at the high end of guidance, while adjusted EBITDA rose to approximately $600,000 from $100,000 a year earlier. BARK ended the quarter with $16.1 million in cash and no debt. - Direct-to-consumer revenue declined because of a smaller subscriber base,...
Key Points - Q1 revenue reached $78.8 million, at the high end of guidance, while adjusted EBITDA rose to approximately $600,000 from $100,000 a year earlier. BARK ended the quarter with $16.1 million in cash and no debt. - Direct-to-consumer revenue declined because of a smaller subscriber base,...This article was originally published by Biztoc.
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