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1 day agoRent the Runway (RENT) Q2 2024 Earnings Transcript | The Motley Fool
Revenue -- $78.9 million, up 4.2% year over year and 5.2% quarter over quarter, surpassing the high end of the $76 million to $78 million guidance range. Adjusted EBITDA -- $13.7 million, representing 17.4% of revenue; exceeded guidance of 14%-15% margin and marks the ninth consecutive quarter of positive adjusted EBITDA. Active Subscribers (Quarter-End) -- 129,073, a decline of 6.2% year over year; average active subscribers were 137,455, down 2.8% from the prior year.
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