DAVE OPERATING LLC


Associated tags: DAVE, Elevate, Economics, MTM

Dave to Participate in Upcoming Investor Conferences in May

Retrieved on: 
Wednesday, May 8, 2024

LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in two upcoming investor conferences in May 2024.

Key Points: 
  • LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in two upcoming investor conferences in May 2024.
  • B. Riley Securities Annual Investment Conference is being held May 22 – 23, 2024 at the Beverly Hills Hilton in Beverly Hills, CA.
  • The Company will participate in a fireside chat at 9:45 a.m. PT on May 23 and will hold 1x1 meetings throughout the day.
  • To request a meeting with the Dave team, please contact the respective conference representative or email the Company’s investor relations team at [email protected] .

Dave Reports Record First Quarter 2024 Results

Retrieved on: 
Tuesday, May 7, 2024

LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today reported its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • The variability of these items could have a significant impact on our future GAAP financial results.
  • Dave’s CFO Kyle Beilman, commented: “Revenue increased 25% year-over-year, largely due to improvements in member retention and ARPU, including strong results from our Dave Card product, which experienced a 34% year-over-year increase in card spend.
  • Moreover, Adjusted EBITDA increased substantially during the quarter through a combination of variable margin expansion, primarily attributable to record credit performance, and increased operating leverage on our fixed cost base as we continue to grow.
  • Overall, these results continue to validate the durability and scalability of our model, as well as our ability to deliver on our goals.

Dave to Report First Quarter 2024 Results on May 7, 2024 at 8:30 a.m. ET

Retrieved on: 
Friday, April 19, 2024

LOS ANGELES, April 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, May 7, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • LOS ANGELES, April 19, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, May 7, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024.
  • The Company’s results will be reported in a press release prior to the call.
  • Dave management will host the conference call, followed by a question-and-answer period.
  • If you have any difficulty registering for or connecting to the conference call, please contact Elevate IR at [email protected] .

Dave to Participate in the FT Partners Equity Research Weekly Forum on March 22nd

Retrieved on: 
Thursday, March 21, 2024

LOS ANGELES, March 21, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming virtual FT Partners Equity Research Weekly Forum being held on Friday, March 22, 2024.

Key Points: 
  • LOS ANGELES, March 21, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming virtual FT Partners Equity Research Weekly Forum being held on Friday, March 22, 2024.
  • The team will participate in a fireside chat at 10:30 a.m.
  • ET followed by a question-and-answer period.
  • To request details to view the live event, please email FT Partners at [email protected] or email the Company’s investor relations team at [email protected] .

Dave Reports Record Fourth Quarter and Full Year 2023 Results; Reaches Significant Quarterly Profitability Milestone

Retrieved on: 
Tuesday, March 5, 2024

LOS ANGELES, March 05, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today reported its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • The variability of these items could have a significant impact on our future GAAP financial results.
  • Dave CFO Kyle Beilman commented: “Our 2024 guidance illustrates the sustainability of the progress we made in achieving profitability in the fourth quarter, as well as our commitment to growing our business profitably going forward.
  • The conference call details are as follows:
    The conference call will also be available for replay in the Events section of the Company’s website, along with the transcript, at https://investors.dave.com .
  • If you have any difficulty registering for or connecting to the conference call, please contact Elevate IR at [email protected] .

Dave to Participate in a Fireside Chat at the Citizens JMP Technology Conference on March 5ᵗʰ in San Francisco

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming Citizens JMP Technology Conference at The Ritz-Carlton in San Francisco, CA on March 5, 2024.

Key Points: 
  • LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming Citizens JMP Technology Conference at The Ritz-Carlton in San Francisco, CA on March 5, 2024.
  • The team will hold 1x1 meetings throughout the day and will participate in a fireside chat at 12:30 p.m. PT.
  • A replay of the fireside chat will also be available on the Dave investor relations website at investors.dave.com .
  • To request a meeting with the Dave team, please contact your Citizens JMP representative or email the Company’s investor relations team at [email protected] .

Dave to Report Fourth Quarter and Full Year 2023 Results on March 5, 2024 at 8:30 a.m. ET

Retrieved on: 
Tuesday, February 20, 2024

LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, March 5, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, March 5, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023.
  • The Company’s results will be reported in a press release prior to the call.
  • Dave management will host the conference call, followed by a question-and-answer period.
  • If you have any difficulty registering for or connecting to the conference call, please contact Elevate IR at [email protected] .

Dave to Participate at the Wolfe Fintech Forum on March 14

Retrieved on: 
Wednesday, February 14, 2024

LOS ANGELES, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming Wolfe Fintech Forum being held March 13-14, 2024 at the Lotte New York Palace Hotel.

Key Points: 
  • LOS ANGELES, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today announced that the Company will participate in the upcoming Wolfe Fintech Forum being held March 13-14, 2024 at the Lotte New York Palace Hotel.
  • The team will hold 1x1 meetings throughout the day on March 14.
  • Please click here to register for the conference.
  • To request a meeting with the Dave team, please contact your respective Wolfe Research representative or email the Company’s investor relations team at [email protected] .

Dave Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023

LOS ANGELES, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, today reported its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Dave CFO Kyle Beilman commented: “Our Q3 results demonstrate our commitment to profitable growth, as we achieved significant improvements across key financial and operational metrics.
  • Our origination volumes grew substantially and are approaching $1 billion per quarter.
  • Lastly, we made progress on our strategic objective of deepening member relationships through Dave Card engagement, with total Dave Card spend volumes and average transactions per MTM each increasing by over 12% sequentially.
  • This amendment is a direct reflection of our lender’s confidence in Dave’s unit economics and the strength of our business moving forward.”
    The Company will host a conference call at 4:30 p.m. Eastern time on Tuesday, November 7, 2023, to discuss the results for its third quarter ended September 30, 2023, followed by a question-and-answer period.

Dave to Report Third Quarter 2023 Results on November 7, 2023 at 4:30 p.m. ET

Retrieved on: 
Tuesday, October 24, 2023

LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, November 7, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • LOS ANGELES, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (“Dave” or the “Company”) (Nasdaq: DAVE), one of the nation’s leading neobanks, will host a conference call on Tuesday, November 7, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023.
  • The Company’s results will be reported in a press release prior to the call.
  • Dave management will host the conference call, followed by a question-and-answer period.
  • If you have any difficulty registering for or connecting to the conference call, please contact Elevate IR at [email protected] .