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Wag Group Co - PET STOCK NEWS

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

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 Wag Group Co'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 Wag Group Co's position in the market.

Rhea-AI Summary
Wag! (Nasdaq: PET) will announce its first quarter 2024 financial results on May 9, 2024, followed by a conference call to discuss the results. Investors can join the call to listen to the discussion of the financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.18%
Tags
conferences earnings
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Rhea-AI Summary
Wag! announces the launch of Furscription, a digital tool for veterinary clinics to streamline the prescription process, aiming to simplify prescription requests for veterinarians and pet parents. The product offers features like electronic prescriptions, streamlined communication, enhanced convenience, improved accuracy, and security. Furscription has garnered significant interest within the veterinary community and is set to launch in May 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.32%
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none
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Rhea-AI Summary
Wag! Group Co. (PET) reports record Q4 revenues of $21.7 million, up 27% YoY, and annual revenues of $83.9 million, up 53% YoY. Positive annual adjusted EBITDA of $0.7 million. Management approves up to $10 million debt pay down. 2024 guidance projects revenues of $105-115 million and adjusted EBITDA of $2-6 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.83%
Tags
Rhea-AI Summary
Wag! (PET) has successfully completed the acquisition of WoofWoofTV, marking its entry into the distributed media space. WoofWoofTV has a massive annual reach of over 800 million on Instagram and Facebook, 5 million impressions on YouTube, and nearly 25 million unique viewers on Snap. This acquisition will provide Wag! with access to a significant audience of pet lovers, allowing the company to create compelling content for its social media platforms. CEO Garrett Smallwood expressed the company's commitment to enriching the lives of pets and their owners by providing premium care and engaging content.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.5%
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-
Rhea-AI Summary
Wag! (PET) will report Q4 and full year 2023 financial results on February 14, 2024, followed by a conference call. Investors and analysts can access the call and webcast online. A recorded replay will be available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
conferences earnings
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Rhea-AI Summary
Wag! (PET) partners with Bright Horizons to offer employer-sponsored pet care solutions to the modern U.S. pet household. The collaboration aims to provide on-demand pet care services, flexible scheduling, nationwide coverage, and seamless integration with Bright Horizons' existing Back-Up Care program, ultimately enhancing employee well-being and work-life balance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Wag! Group Co. (Nasdaq: PET) achieves highest revenue quarter and adjusted EBITDA in company history, with a 318% YoY increase in adjusted EBITDA margin. The company also achieved record 632,000 platform participants in Q3 2023 and is focusing on product expansion and platform differentiation for long-term, profitable growth. Revenue guidance for Q4 2023 is $20 million, with adjusted EBITDA of $0.3 million, and for full year 2023, revenue is expected to be in the range of $80 million to $84 million, with adjusted EBITDA in the range of $0 million to $2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.15%
Tags
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Rhea-AI Summary
Wag! Group Co. to report third quarter 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
Tags
conferences earnings
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Rhea-AI Summary
Wag! (Nasdaq: PET) announces participation in Evercore ISI Virtual Pet Care Summit and Jefferies 2023 Virtual Pet Care & Wellness Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
conferences
Rhea-AI Summary
Wag! Group Co. announces financial results for Q2 2023, with revenue increasing by 55% to $19.8 million compared to Q2 2022. Net loss was $3.9 million, and adjusted EBITDA improved to positive $0.1 million. The company reached a total of 549,000 Platform Participants in Q2 2023, and achieved its first adjusted EBITDA positive quarter. Wag! also raised its 2023 full-year adjusted EBITDA guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.74%
Tags
Wag Group Co

Nasdaq:PET

PET Rankings

PET Stock Data

84.32M
10.94M
17.23%
65.62%
0.05%
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