GetaroundNYSE: GETR

Here is how Getaround, Inc. (GETR) and Integral Ad Science (IAS) have performed compared to their sector so far this year.

Getaround (NYSE: GETR ) layoffs are on the way for employees of the peer-to-peer car-sharing marketplace company. A press release from Getaround notes that this will have it laying off roughly 30% of its North American employees.

Car-sharing company Getaround Inc. will lay off roughly one-third of its workforce in an effort to further reduce costs.

Getaround (NYSE: GETR ) stock is rocketing higher on Monday after the peer-to-peer car-sharing company announced $20 million in new financing. The new debt facility comes from Mudrick Capital Management and gives it up to $20 million to work with for its 2024 operating plan.

Getaround (NYSE: GETR ) stock is on the rise Friday following the release of the peer-to-peer car-sharing company's Q3 2023 earnings report. The earnings report includes revenue of $23.8 million for the quarter.

Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company's third-quarter earnings report details a company seeing quick revenue growth, but not enough top line yet to cover its expenses.

SAN FRANCISCO--(BUSINESS WIRE)--Getaround, Inc. (NYSE: GETR) (“Getaround” or “the Company”), the world's first connected carsharing marketplace, plans to conduct a conference call with analysts to discuss its third quarter 2023 results and business outlook on December 14, 2023 at 5:00 p.m. Eastern time. After the close of the market on December 14 and prior to the conference call, Getaround will issue a copy of its third quarter earnings press release via Business Wire. The press release may al.

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Getaround Inc said that it will scale its car sharing platform by acquiring the assets of HyreCar, another car sharing marketplace for $9.45 million. San Francisco-based Getaround said that it expects to realize up to $75 million of run rate annualized gross booking value from the deal, which will contribute to positive adjusted EBITDA, or earnings before interest, taxes, depreciation and amortization, profitability.