Dave Inc. Raises 2026 Revenue and Profit Outlook Despite Q3 Earnings Miss

AI-generated NewsSnap summary based on source reporting.
Published: 2026-11-08
Category: business
Source: MarketBeat

Fintech company Dave Inc. (NASDAQ: DAVE) has raised its 2026 revenue and profit outlook, citing growth in its member base, improved credit performance, and the expansion of its ExtraCash product. This positive guidance comes despite the company reporting third-quarter earnings per share of $4.39, which fell short of Zacks' consensus estimate of $4.45. The earnings shortfall contributed to a post-report selloff in the stock, even with the higher revenue and raised guidance.

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