Trustpilot shares fall as much as 20% after reporting strong first-half growth but a surprise statutory loss and unchanged full-year guidance
The online review platform's revenue rose 23% to $151.4 million, with bookings up 22%. However, it swung to a net loss of approximately $1.1 million, partly due to a €4 million fine from Italy's competition authority and a $1 million provision for historical US sales taxes. Management's decision to keep 2026 outlook unchanged, despite shares having risen 60% previously, also disappointed investors.
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