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Expensify, Inc. (NASDAQ:EXFY ) Q2 2022 Earnings Conference Call August 11, 2022 5:00 PM ET Company Participants David Barrett - Founder, President & Chief Executive Officer Anuradha Muralidharan - Chief Operating Officer Ryan Schaffer - Chief Financial Officer Conference Call Participants Daniel Jester - BMO Capital Markets Koji Ikeda - Bank of America Patrick Walravens - JMP Securities David Barrett Well, hello, everyone. Welcome to the Q2 2022 Earnings Call for Expensify.
Expensify Inc. (NASDAQ: EXFY) is well positioned to evolve into a leading expense management solution for small and medium businesses, according to BofA Securities. The Expensify Analyst: Koji Ikeda upgraded the rating for Expensify from Neutral to Buy, while raising the price target from $20 to $.
Shares of Expensify Inc. EXFY, +11.54% were rocketing 12% in Monday morning trading after Bank of America analyst Koji Ikeda turned bullish on the expense-management company's stock, upgrading it to buy from neutral. Expensify has just 140 employees, and Ikeda thinks that its "lean business model" will help the company "pivot quickly from higher rev growth to higher EBITDA margins.
Expensify, Inc. (NASDAQ:EXFY ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM ET Company Participants David Barrett – Founder and Chief Executive Officer Anuradha Muralidharan – Chief Operating Officer Ryan Schaffer – Chief Financial Officer Conference Call Participants Brent Bracelin – Piper Sandler Koji Ikeda – Bank of America Tyler Radke – Citi Daniel Jester – BMO David Barrett Hello everyone. Welcome, welcome, welcome to the Q1 2022 earnings call for Expensify.
The company's growth isn't living up to expectations.
Expensify, Inc.'s (EXFY) CEO David Barrett on Q4 2021 Results - Earnings Call Transcript
Earnings fell short of what investors wanted to see for these two high-growth companies.