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Benzinga
Benzinga
Business
Chris Katje

Upstart Shares Are Soaring After Hours: What To Know About Earnings, Buyback

Artificial intelligence lending company Upstart Holdings Inc (NASDAQ:UPST) reported fourth-quarter earnings after market close on Tuesday. Here are the key highlights for investors.

What Happened: Upstart reported fourth-quarter revenue of $305 million, up 252% year-over-year. The total came in ahead of a consensus estimate of $262.9 million, according to Benzinga Pro. Adjusted earnings of 89 cents beat the consensus estimate of 38 cents per share.

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