Trustpilot: Shares spike as review site benefits from snowballing user and business adoption Retail Review platform Trustpilot has reported a double-digit increase in revenue and earnings as business adoption and brand awareness “fuel the flywheel”. Its share price rose more than 13 per cent in early trades. The company told markets this morning that revenue rose 19 per cent in the year ended December 31, to $210m (£161m) from [...]
Trustpilot: UK and US bookings surge helps revenue jump as shares spike Tech Surge in bookings in North America and the UK helped lead a jump in revenue at Trustpilot during its latest financial year. The FTSE 250 company has revealed it expects to report a revenue from bookings of $239m (£195.7m) for the 12 months, up from the $195m it achieved in the prior year. Trustpilot’s annual [...]
Trustpilot shares jump on earnings beat and £20m buyback Tech Shares in Trustpilot have jumped after the global review platform reported higher-than-expected earnings for the first half of 2024 and unveiled a new share buyback. The FTSE 250 firm gained as much as 9.3 per cent in early trading on Wednesday. Its stock price has surged 157 per cent over the last 12 months. Trustpilot [...]
Trustpilot expects revenue jump on ‘strong growth’ amid share price rally July 11, 2024 Trustpilot has said it expects to report a jump in revenue for the first half of 2024 as the global review platform looks to keep up a rally in its share price.
Trustpilot swings to profit as monthly users soar March 19, 2024 Trustpilot has turned a profit of $7m (£6m) in its full financial year, swinging back from losses of $15m (£12.8m) in 2022.