Alarum Releases Preliminary Guidance On Key Financial Metrics For Q2 2023; Sees Q2 Revenue $6.4M Vs $5.32M Est
Portfolio Pulse from Happy Mohamed
Alarum Technologies Ltd. has released preliminary guidance for Q2 2023, expecting to report its 10th consecutive record-breaking quarter with revenues projected to exceed $6.4 million. The company also projects adjusted EBITDA growth for Q2 2023 and estimates a cash balance of approximately $3.8 million as of June 30, 2023. The final results may differ and will be released by August 31, 2023.
July 06, 2023 | 12:36 pm
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POSITIVE IMPACT
Alarum's projected record-breaking revenues and EBITDA growth for Q2 2023 indicate strong performance and sustained growth, which could positively impact its stock price in the short term.
Alarum's projected record-breaking revenues and EBITDA growth for Q2 2023 indicate strong performance and sustained growth. This positive financial performance could increase investor confidence and demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100