Rent the runway, inc. announces second quarter 2023 results

Announces intention to accelerate path to free cash flow profitability before cash interest to fy24 q2 net loss of $(26.8) m and net loss margin was (35.4)% , vs $(33.9) m and (44.3)% in q2 2022 strong adjusted ebitda of $7.7 m and adjusted ebitda margin of 10.2% in q2 2023, up from $1.8 m and 2.4% in q2 2022 revises fiscal year 2023 guidance new york, sept. 08, 2023 (globe newswire) -- rent the runway, inc. (“rent the runway” or "rtr") (nasdaq: rent), the world's first and largest shared designer closet platform, today reported financial results for the fiscal quarter ended july 31, 2023.
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