Upstart provided the following forecast for the third quarter of 2023. The company expects revenue of about $140 million (up from $136 million in the second quarter). The company also forecast that it would report a net loss of $38 million and a non-GAAP (adjusted) net loss of $2 million. Although that's a wider net loss than the second quarter ($28.2 million), Upstart expects its adjusted net loss to improve from $5.4 million.