LOS ANGELES (AP) _ HyreCar Inc. (HYRE) on Thursday reported a loss of $7.2 million in its first quarter.
On a per-share basis, the Los Angeles-based company said it had a loss of 37 cents. Losses, adjusted for non-recurring costs, came to 16 cents per share.
The company posted revenue of $7.4 million in the period.
HyreCar shares have climbed 25% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.93, more than quadrupling in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HYRE at https://www.zacks.com/ap/HYRE
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