Shares of pet care company Rover Group were trading in the green in Tuesday’s after-hours session, following the release of second-quarter financial results which showed revenue growing by 35% in the period from last year.
At 5:11 p.m. ET, the company’s shares had risen 18% to trade at $6.60 each. The stock rose 1.8% to finish the day’s regular session at $5.58 per share. Earlier on Tuesday, shares hit a 52-week high of $5.75.
After the bell, Rover reported second-quarter earnings per share of 0 cents on revenue of $58.5 million. In the year-ago period, the company reported a loss per share of 2 cents on revenue of $43.4 million.
Rover also said its gross booking value in the second quarter rose 25% year-over-year to $266.1 million.
The company said it was expecting third-quarter revenue in the range of $61 million to $63 million and full-year revenue in a range of of $222 million to $227 million. Previously, the company said it was expecting 2023 revenue in a range of $207 million to $217 million.