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Riskified Ltd (RSKD) provides cutting-edge fraud prevention solutions for global ecommerce through machine learning-powered risk management. This news hub offers investors and industry professionals centralized access to official updates and market-moving developments.
Track earnings announcements, strategic partnerships, and technology innovations that demonstrate RSKD's leadership in combating online payment fraud. Our curated collection includes press releases about new merchant integrations, platform enhancements, and industry recognition.
Discover how RSKD's chargeback guarantee model and adaptive machine learning algorithms continue reshaping ecommerce security standards. The resource serves analysts monitoring fintech trends and businesses evaluating fraud prevention solutions.
Bookmark this page for verified updates on RSKD's operational milestones, financial performance, and contributions to secure digital commerce. All content is sourced from official channels to ensure reliability for investment research and market analysis.
Riskified (NYSE: RSKD) concluded its annual Ascend 2024 ecommerce summit in New York City, unveiling new AI-powered tools to combat fraud and drive growth for ecommerce merchants. This year's theme, 'Ecommerce Champions,' highlighted strategies to boost ecommerce growth amidst rising fraud and abuse. Key innovations include Policy Decisions, part of Riskified's Decision Studio, which allows merchants to manage customer-facing policies with greater precision and flexibility. The summit also celebrated the winners of the Titans of Ecommerce Awards, including leaders from BJ's and Gucci. Ascend 2024, held from June 25-27, gathered global merchants and industry leaders to discuss ecommerce trends and challenges.
Riskified, a leader in ecommerce fraud and risk intelligence, announced its upcoming conference schedule. Management will present and host investor meetings at the William Blair 44th Annual Growth Stock Conference in Chicago on June 4th at 11:00 AM ET, with a live webcast available on their Investor Relations website. Additionally, they will participate virtually in the Oppenheimer 25th Annual Israeli Conference on May 29th. Investors can access archived presentations on the company's website.
Riskified (NYSE: RSKD) announced record quarterly free cash flows and improved 2024 adjusted EBITDA guidance. The company reported a 17% YoY increase in GMV and an 11% YoY increase in revenue for Q1 2024. GAAP gross profit margin rose from 52% to 55%, and net loss margin improved from (26)% to (15)%. Notably, Riskified’s free cash flow increased to $10.5 million from $42 thousand YoY. The company also repurchased 6.4 million shares and authorized an additional $75 million share buyback program. Key achievements include expanded geographic reach, major wins in the Ticketing and Live Events sub-vertical, and several industry awards.
Riskified (NYSE: RSKD) will be presenting at various conferences to showcase its expertise in eCommerce fraud and risk intelligence. The presentations will occur at Barclays 14th Annual Emerging Payments and FinTech Forum in New York on May 16th, J.P. Morgan 52nd Annual Technology, Media and Communications Conference in Boston on May 21st, and Needham 19th Annual Technology, Media, & Consumer Conference on May 16th. The events will be live-streamed and available for viewing on the Company’s Investor Relations website.
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