This Digital Promotions Stock Is Sinking 39% After Earnings. Here’s Why. - Barron's
1. Ibotta's stock fell 39% after disappointing Q4 earnings. 2. Adjusted earnings were 67 cents, lower than last year's 99 cents. 3. Q1 revenue guidance is $80-$84 million, below analyst expectations. 4. Management cites insufficient CPG office supply hurting revenue growth. 5. Redemptions per redeemer were lower than anticipated, impacting earnings.