Via expects Q3 platform revenue of $137.6 mln to $138.2 mln
Company sees FY 2026 platform revenue of $550 mln to $553 mln
Via expects Q4 2026 adjusted EBITDA above $0
Result drivers
Platform demand - Co said increasing demand for its platform drove revenue growth and pipeline expansion
US market strength - Co cited continued strength in the United States with 35% yr/yr revenue growth
Customer growth - Co reported a 23% yr/yr increase in customer count, supported by platform expansion
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Via Transportation, Inc. is $25.00, about 17% above its August 5 closing price of $21.36
Quarterly results
US public transit software firm's fiscal Q2 revenue grew 27% yr/yr to $136 mln