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Riskified Shares Jump 21% as Revenue Outlook Rises

Riskified raised its full-year revenue forecast after third-quarter sales exceeded expectations, sending shares up 21% to $10.22 in premarket trading Wednesday. The fraud-prevention company also reported a narrower quarterly loss and adjusted earnings above analyst estimates.

Riskified Shares Jump 21% as Revenue Outlook Rises

The company now expects annual revenue of $427 million to $433 million, compared with its previous forecast of $400 million to $410 million. Analysts polled by FactSet had expected $406.7 million. Riskified said the higher outlook reflects stronger-than-expected revenue in the recent quarter and an additional increase based on business momentum.

Revenue for the three months ended Sept. 30 rose 41% to $115.2 million, topping Wall Street estimates of $103.4 million. Riskified’s loss narrowed to $1.31 million, or 1 cent a share, from $7.81 million, or 5 cents a share, a year earlier. Excluding one-time items, earnings were 7 cents a share, compared with analysts’ expectations of 3 cents.

“Merchants facing faster, more sophisticated fraud are turning to our risk-intelligence platform and adopting more of our products,” Chief Executive Eido Gal said. He added that the company believes it is well positioned to help merchants as agentic commerce introduces new complexity.

Through Tuesday’s close, Riskified shares had gained more than 75% so far this year.

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