NASDAQ$SERV

Serve Robotics Inc · Q2 2024 earnings

Q2 2024 earnings ·

Briefing

SERV Q2 2024 — $468K revenue, 0.27 EPS

Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results. Serve Robotics Inc reported Q2 2024 results. Diluted EPS came in at $0.27. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $468K.
  • Diluted EPS: $0.27.
  • Filed on Form 10-Q (accession 0001832483-24-000016).

Headline financials

Total Revenue

$468K

No prior period
EPS

-$0.27

No prior period
Capital Expenditures

-$798K

No prior period
Free Cash Flow

-$9.84M

No prior period
Net Income

-$9.04M

No prior period
Operating Income

-$8.56M

No prior period
Gross Profit

$142K

No prior period
Cash & Equivalents

$28.8M

No prior period
Total Assets

$32.8M

No prior period

Revenue & EPS history

Serve Robotics Inc · Revenue · Quarterly

$468K

Q2 2024
Beat estimate in 2 of 3 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.7%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+4.9%

Avg return

30 days after

43%

3 / 7 earnings

Positive

+10.1%

Q4 2025

Best reaction

-10.0%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.0%-8.7%-19.2%
Q4 2025+10.1%+1.9%-14.6%
Q3 2025-10.0%-14.3%+15.9%
Q1 2025+9.5%+48.6%+116.2%
Q3 2024+7.3%-14.6%+16.9%
Q2 2024-7.5%-0.4%-34.5%
Q1 2024-9.6%-16.9%-46.2%
Q3 2023

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