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MoneyLion Inc. - ML STOCK NEWS

Welcome to our dedicated news page for MoneyLion (Ticker: ML), a resource for investors and traders seeking the latest updates and insights on MoneyLion.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MoneyLion's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MoneyLion's position in the market.

Rhea-AI Summary
MoneyLion Inc. will release its financial results for Q3 2023 on November 7, 2023.
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End-of-Day
0.31%
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Rhea-AI Summary
MoneyLion has partnered with Bubba Wallace and his non-profit organization to launch a back-to-school initiative. They will donate backpacks and school supplies to the Boys & Girls Club of America in North Carolina. MoneyLion will also run a back-to-school brand campaign to support teachers, parents, and students. As part of the campaign, MoneyLion is contributing a $6k monetary donation to the Boys & Girls Club.
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Rhea-AI Sentiment
End-of-Day
15.48%
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Rhea-AI Summary
MoneyLion reports record revenue of $107 million, up 22% YoY. Net loss before other expense and income taxes decreased from $27 million to $2 million. Quarterly net loss of $28 million and record adjusted EBITDA of $9 million. Gross profit and adjusted EBITDA margin expansion. Near-breakeven cash flows. Total Customers grew 114% YoY to 9.9 million. Q3 2023 guidance: revenue of $110-115 million, gross profit margin of 55-60%, adjusted EBITDA of $6-10 million.
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-10.23%
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Rhea-AI Summary
MoneyLion (NYSE: ML) to participate in Oppenheimer's 26th Annual Technology, Internet & Communications Conference on August 9th.
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7.45%
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8.39%
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-11.35%
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Rhea-AI Summary
MoneyLion Inc. reported GAAP revenue of $94 million in Q1 2023, up 34% YoY. They also reached positive Adjusted EBITDA of $7 million. Total customer adds were 1.3 million, and total customers increased 102% YoY to 7.8 million. MoneyLion expects GAAP revenue of $95 to $100 million and Adjusted EBITDA of $1 to $8 million in Q2 2023.
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-27.61%
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0.22%
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0.95%
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MoneyLion Inc.

NYSE:ML

ML Rankings

ML Stock Data

744.05M
5.76M
28.03%
35.99%
1.78%
Credit Card Issuing
Finance and Insurance
Link
United States of America
NEW YORK

About ML

moneylion is a technology-enabled lending institution focused on helping all consumers gain access to credit. at moneylion we feel passionately that everyone should have a clear path to better financial products. we use data to offer better financial products to all americans. by rewarding financial responsibility, providing top-notch customer assistance and offering insightful financial education tips we aim to positively impact our customers and enable them to better their financial health. moneylion uses innovative machine learning based algorithms and big-data analytics to programmatically underwrite better loans at affordable rates. moneylion’s product offerings include installment loans, line of credit, pre-paid debit cards and point-of-sale consumer and merchant financing opportunities. moneylion currently operates in all 50 of the united states. moneylion is a seed stage startup backed by leading venture capital firms and angel investors, many of who have run wall street’s