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Does bird have liquidity?

Bird has sufficient liquidity to meet financial obligations to city partners, vendors, suppliers, and employees during and after the restructuring process, and will operate as usual Agreement has unanimous support of first- and second-lien lenders MidCap Financial and second-lien lenders to provide $25 million in DIP financing

Is bird a profitable company?

Bird’s earnings release claims the company is present in 400 cities globally, a footprint that could give it the type of reach it will need to become fully profitable. , which it says has been successful and will lead the city to double Bird’s service area this summer.

How much will bird make in Q1 2022?

Guidance, it appears. Bird expects revenue in the first quarter of this year to land between $34 million and $36 million. Investors had estimated $49.0 million for Q1 2022, . For the full year, Bird expects revenues of $350 million, an uninspiring estimate given the company’s previous $401 million target as laid out in its .

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