Rent the Runway, Inc. reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported revenue was USD 72.5 million compared to USD 77.4 million a year ago. Net loss was USD 31.5 million compared to USD 36.1 million a year ago. Basic loss per share from continuing operations was USD 9 compared to USD 11.2 a year ago.
For the nine months, revenue was USD 222.4 million compared to USD 221 million a year ago. Net loss was USD 88.4 million compared to USD 112.5 million a year ago. Basic loss per share from continuing operations was USD 26.2 compared to USD 35.2 a year ago.