Chime Tops Estimates in Inaugural Earnings as Public Company
The Chime Financial initial public offering at the Nasdaq MarketSite in New York in June.
Photographer: Victor J. Blue/BloombergChime Financial Inc. posted earnings that topped Wall Street analyst estimates in the financial-technology company’s first quarterly results as a public company.
It reported 8.7 million total active users at the end of the second quarter, slightly beating the 8.64 million average estimate of analysts surveyed by Bloomberg. Revenue totaled $528 million, also better than expected.