ZeroFox Expects Q2 Revenue $51.5M-$52.5M vs $46.28M Est, FY24 Revenue $198M-$202M vs 185.26M Est.
Portfolio Pulse from Benzinga Newsdesk
ZeroFox expects Q2 FY24 revenue of $51.5M-$52.5M, surpassing the $46.28M estimate, and FY24 revenue of $198M-$202M, beating the $185.26M estimate.
June 06, 2023 | 10:17 am
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POSITIVE IMPACT
ZeroFox's Q2 and FY24 revenue projections exceed estimates, indicating strong growth potential.
ZeroFox's higher-than-expected revenue projections for both Q2 and FY24 indicate that the company is experiencing strong growth. This positive news is likely to have a short-term positive impact on the stock price, as investors may see it as a sign of the company's strong performance and future potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100