Chime Beats Revenue Estimates in First Earnings Since Blowout US IPO

Why Chime Financial Sank Today @themotleyfool #stocks $CHYM

Key PointsChime delivered strong revenue growth and positive EBITDA in its first earnings report. The company also guided to full-year numbers ahead of Wall Street expectations. Still, the stock sold off, as it had already climbed a lot following its June IPO. 10 stocks we like better than Chime Financial › Shares of fintech Chime Financial (NASDAQ: CHYM) fell on Friday, down 11.9% as of 12:00 PM EDT. Chime is a newly public fintech that had its…

Chime beats revenue estimates in first earnings since blowout US IPO

By Manya Saini (Reuters) -Chime beat Wall Street estimates for second-quarter revenue on Thursday, driven by strong demand for its digital banking and financial services, in its first results following a blockbuster U.S. listing. Younger customers in the U.S., disillusioned with fees and limited flexibility at large banks, have increasingly turned to digital-first startups that offer low-cost banking, early direct deposits and higher-yield savin…

Chime Beats Estimates in Inaugural Earnings as Public Company

Chime Financial Inc. reported earnings that topped Wall Street analyst estimates in the financial-technology company’s first quarterly results as a public company.

Chime Leans on Cost Edge to Win ‘Unhappily Banked’

Chime’s first outing as a public company was a success, and CEO Chris Britt did not hedge on ambition. He waited about 30 seconds into the company’s first earnings call to tell the audience that he wants nothing less than for Chime to become “the largest provider of primary account relationships in the U.S.” [contact-form-7] Analysts focused less on headline numbers and more on how Chime plans to expand its user base, the durability of …