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Riskified Ltd. (RSKD) is a global leader in eCommerce fraud prevention, providing cutting-edge solutions to protect online merchants from fraudulent transactions. Trusted by hundreds of prestigious brands across various industries, including Wayfair, SHEIN, and Macy's, Riskified harnesses advanced machine-learning algorithms to differentiate between legitimate and fraudulent orders. This not only protects businesses from loss but also ensures a seamless shopping experience for consumers.
Riskified’s platform offers an unparalleled 100% chargeback protection guarantee on every order approved, allowing merchants to operate with confidence. By accurately identifying and eliminating fraud, Riskified enables merchants to increase revenue through higher approval rates for legitimate transactions.
The company operates in diverse sectors such as Payments, Money Transfer & Crypto, Tickets & Travel, Electronics, Home, Fashion & Luxury Goods, General Retail, and Food. This broad applicability underscores the versatility and efficacy of Riskified’s solutions in today’s complex eCommerce environment.
Recently, Riskified has made significant strides in enhancing its platform, incorporating state-of-the-art AI technologies to stay ahead of evolving fraud tactics. The company's commitment to innovation and excellence has earned it a reputation as a trusted partner for eCommerce businesses worldwide.
Riskified (NYSE: RSKD) has appointed Ravi Kumaraswami as President of Worldwide Field Operations to enhance sales and strategic partnerships. This leadership change comes as the company reports a 20% year-over-year increase in gross merchandise volume, reaching $22.7 billion for Q1 2022, along with record revenues of $58.8 million. Kumaraswami's extensive background, including leadership roles at Crownpeak and SAP Ariba, is expected to drive further growth and capitalize on the company's strong market position, especially with a 99% customer retention rate.
Riskified Ltd. (NYSE: RSKD) will participate in the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 23, 2022. The event features a fireside chat at 4:30 p.m. Eastern Time, led by CEO Eido Gal, with opportunities for one-on-one investor meetings.
An archived webcast will be available for on-demand viewing on Riskified's Investor Relations website. Riskified enhances eCommerce by providing advanced fraud management solutions, promoting safe and frictionless transactions for online merchants.
Riskified Ltd. (NYSE: RSKD) reported Q1 2022 results showing a 20% increase in gross merchandise volume (GMV) to $22.7 million, while revenue rose 15% to $58.8 million. The company achieved a gross profit of $30.4 million, with a margin of 52%, and a net loss of $33.3 million. Key highlights include a 291% growth in ticketing and travel GMV and the onboarding of major online retailers. Despite economic volatility, Riskified maintains its 2022 revenue outlook between $254 million and $257 million, underscoring confidence in market opportunities.
Riskified Ltd. (NYSE: RSKD) will release its first quarter 2022 financial results on May 17, 2022, before the market opens. A conference call with management will take place at 8:30 a.m. ET to discuss the financial results and business performance. The call can be accessed via telephone or through a live and archived webcast on their Investor Relations website. Riskified enhances eCommerce safety and accessibility by using machine learning to reduce fraud and improve customer experiences.
Riskified Ltd. (NYSE: RSKD) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the Securities and Exchange Commission on February 25, 2022. The report includes audited consolidated financial statements and is available on the Company’s investor relations website. Riskified offers a fraud management platform that enhances eCommerce security, helping merchants reduce risk and improve sales through advanced machine learning technology.
Riskified Ltd. (NYSE: RSKD) reported Q4 and FY 2021 financial results, highlighting a 22% increase in revenue year-over-year to $69.8 million in Q4 and a total of $229.1 million for the year. Gross merchandise volume (GMV) rose 23% to $27.8 billion in Q4 and 40% to $89.1 billion for the full year. Despite the growth, the company recorded a net loss of $23.1 million in Q4 and $178.9 million for the year. Looking ahead, Riskified anticipates FY 2022 revenue between $254 million and $257 million. A conference call will discuss these results today at 8:30 a.m. ET.
Riskified Ltd. (NYSE: RSKD) will release its Q4 and full-year 2021 financial results on
Riskified Ltd. (NYSE: RSKD) announced its participation in the Barclays Global Technology, Media, and Telecommunications Conference. The company's Fireside Chat will occur on December 8, 2021, at 2:25 p.m. Eastern Time, providing insights into its fraud management solutions. Investors can also schedule one-on-one meetings with the Riskified team. An archived webcast will be available on Riskified’s Investor Relations website post-event, offering on-demand access to the discussion.
Riskified Ltd. (NYSE: RSKD) released its 2021 Holiday Season Report, highlighting record US online sales projected to exceed $206 billion, with an 11.3% increase expected. The report indicates that fraud attempts during the holidays are significantly higher, particularly in categories like cosmetics, which saw a 47% rise. Additionally, the survey reveals a growing trend in Buy Now Pay Later solutions, especially among Gen Z consumers, with 37% having utilized such services. Merchants are advised to adopt flexible payment options and prioritize fraud mitigation to enhance customer retention.
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