Rubicon Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 04:15 pm EDT
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Rubicon Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 174.56 million compared to USD 164.61 million a year ago. Net loss was USD 13.2 million compared to USD 27.79 million a year ago. Basic loss per share from continuing operations was USD 0.96.
For the six months, revenue was USD 355.66 million compared to USD 324.41 million a year ago. Net loss was USD 16.33 million compared to USD 52.61 million a year ago. Basic loss per share from continuing operations was USD 1.6.
Rubicon Technologies, Inc. is a provider of cloud-based waste and recycling solutions for businesses, governments, and organizations worldwide. The Company provides its waste generator customers with a platform that delivers transparency, self-service capabilities, and customer experiences. Its programs span cardboard (OCC), plastic, paper, metal, glass, pallets, electronics recycling, construction, and demolition (C&D), organics recycling (including food waste and composting services), grease and oil recycling, and single-stream recycling (SSR), among other adjacent services. RUBICONSmartCity its advanced smart city solution, helps municipalities sustainable waste and recycling operations. RUBICONPremier, an enterprise software as a service (SaaS) solution, allows haulers and recyclers to scale their operations into new geographies more efficient. The Company also offers various solution for haulers and recycles, which include RUBICONPro App, RUBICONPro Pod, and RUBICONSelect.
RUBICON TECHNOLOGIES, INC. 
