November 8, 2018

HyreCar Reports Third Quarter 2018 Financial Results; Revenue Increases 224% to $2.7 Million; Gross Profit Margin Expands Significantly to 54.0%

LOS ANGELES–(BUSINESS WIRE)–HyreCar Inc. (NASDAQ: HYRE), the car sharing marketplace for ride sharing, today reported financial results and provided a corporate update for the third quarter ended September 30, 2018. Financial Summary:             Three Months Ended September 30, Year-over-Year % Change 2018 2017 Revenues $2.7 million $0.8 million 224.3% Gross Profit $1.5 million $0.1 million 1,144% Gross Profit Margin 54.0% 14.1% 283.8% Net Loss $(1.8) million $(1.3) million (38.0%) Earnings


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