Guidance Software shares are trading lower after the company reported mixed Q3 financial results and issued FY23 revenue guidance below the consensus estimate.
Portfolio Pulse from Benzinga Newsdesk
Guidance Software reported mixed Q3 financial results and issued FY23 revenue guidance below consensus estimates, causing its shares to trade lower.
June 02, 2023 | 12:28 pm
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Guidance Software's mixed Q3 results and lower FY23 revenue guidance may negatively impact its stock price.
Guidance Software reported mixed Q3 financial results, which may cause uncertainty among investors. Additionally, the company issued FY23 revenue guidance below consensus estimates, indicating potential underperformance in the future. This combination of factors is likely to negatively impact the stock price of GWRE in the short term.
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