Warby Parker Reports Surprise Profit as Revenue Rises Above Forecasts

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Warby Parker Reports Surprise Profit as Revenue Rises Above Forecasts
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Warby Parker reports surprise profit as revenue rises above forecasts and active customers increase

Warby Parker Inc.

reported Wednesday a surprise adjusted profit and revenue that rose above forecasts, amid increases in both active customers and revenue per customer. The eyewear retailer’s stock was still inactive in the premarket. Net losses were halved to $15.9 million, or 14 cents a share, from $32.2 million, or 28 cents a share, in the year-ago period.

reported Wednesday a surprise adjusted profit and revenue that rose above forecasts, amid increases in both active customers and revenue per customer. The eyewear retailer’s stock was still inactive in the premarket. Net losses were halved to $15.9 million, or 14 cents a share, from $32.2 million, or 28 cents a share, in the year-ago period.

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