Rubicon Reports First Quarter 2023 Financial Results
Retrieved on:
Monday, May 22, 2023
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Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, today reported financial and operational results for the first quarter of 2023.
Key Points:
- Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, today reported financial and operational results for the first quarter of 2023.
- Gross Profit in the first quarter of 2023 was $9.3 million, an increase of $3.1 million or 49.9%, compared to the first quarter of 2022.
- Adjusted Gross Profit in the first quarter of 2023 was approximately $16.1 million, an increase of $3.0 million or 23.3% compared to the first quarter of 2022.
- The Rubicon Technologies management team will host a conference call to discuss its first quarter 2023 financial results this afternoon, Monday, May 22, 2023, at 5pm ET.