Dave (DAVE) shares fall 23.27% after hours following Q2 earnings miss
ByAinvest Wire
Wednesday, Aug 5, 2026 4:35 pm ET1min read
DAVE--
Dave (DAVE) shares fell 23.27% in after-hours trading following the release of its Second Quarter 2026 financial results on August 5, 2026. The decline is attributed to a significant miss in GAAP Net Income, which fell 26% year-over-year to $6.7 million due to $36.9 million in non-cash warrant and earnout remeasurement charges, despite the company reporting strong operational growth and raising full-year guidance.
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