Riskified Ltd. - RSKD STOCK NEWS

Riskified (NYSE: RSKD) has partnered with Kogan.com, Australia's largest online retailer, to enhance operational efficiency and customer security through machine learning solutions. This collaboration aims to improve fraud protection and deliver a better shopping experience for Kogan's customers. Kogan.com emphasizes its commitment to digital efficiency and competitive pricing as it leverages Riskified's advanced platform to drive growth. Riskified serves over 400 million shoppers globally, focusing on risk management and improved sales for online merchants.

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 February 23, 2022, before the market opens. A conference call will follow at 8:30 a.m. ET to discuss the results. Riskified's platform enhances eCommerce by effectively managing fraud, driving sales, and reducing operational costs for merchants through machine learning technology. Investors can access the live webcast and subsequent replay on the Investor Relations section of the company's website.