Riskified Expands Share Repurchase Amid Strong Growth
Company Announcements

Riskified Expands Share Repurchase Amid Strong Growth

Riskified (RSKD) has released an update.

Riskified has posted record quarterly free cash flows, prompting its board to approve an additional $75 million share repurchase program. The company, a leader in e-commerce fraud prevention, has seen significant business growth across key verticals and geographies, with a notable increase in revenue and gross profit margins. This financial strength is reflected in improved guidance for fiscal year 2024, underlining Riskified’s commitment to profitable growth and shareholder value enhancement.

For further insights into RSKD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyRiskified reports Q3 non-GAAP EPS 3c, consensus 2c
TheFlyRiskified sees FY24 revenue $322M-$327M consensus $321.82M
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App