Via: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Via Transportation Inc. (VIA) on Monday reported a loss of $18.8 million in its third quarter.

On a per-share basis, the New York-based company said it had a loss of 23 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to less than 1 cent on a per-share basis.

The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The rideshare company geared toward municipal transit agencies posted revenue of $143.5 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $137.9 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VIA at https://www.zacks.com/ap/VIA