Via Transportation Q2 Revenue Jumps 27%, Guides Q4 EBITDA Positive
VIA sits 57% above its 52-week low of $12.95.
Summary
Via Transportation delivered Q2 revenue of $136M, up 27% year-over-year, driven by 35% US growth and a 23% increase in customer count. Adjusted net loss narrowed sharply to $838K, and adjusted EBITDA improved to -$3.44M. Management guided Q3 platform revenue to $137.6M-$138.2M and full-year 2026 to $550M-$553M, with Q4 adjusted EBITDA expected to turn positive. This follows a strong Q1 that saw 29% revenue growth, and the Q4 EBITDA inflection point signals the company is nearing profitability. The stock closed at $21.36 on August 5, with a median analyst target of $25.
At the time of this announcement, VIA was trading at $20.39 on NYSE in the Technology sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $12.95 to $56.31. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.