Grid Dynamics Holdings Sees Q3 Revenue $76M-$78M Vs $76.2M Est.;
Portfolio Pulse from Happy Mohamed
Grid Dynamics Holdings expects its Q3 2023 revenue to be between $76M and $78M, similar to its Q2 outlook. Non-GAAP EBITDA is projected to be between $10M and $11M. The company is unable to provide GAAP targets for net income due to the difficulty of estimating certain items.
August 04, 2023 | 2:45 pm
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NEUTRAL IMPACT
Grid Dynamics Holdings' Q3 2023 revenue and Non-GAAP EBITDA projections are in line with Q2, indicating stable performance. However, the lack of GAAP net income targets may cause uncertainty among investors.
The company's revenue and Non-GAAP EBITDA projections for Q3 2023 are similar to those for Q2, indicating a stable financial outlook. However, the inability to provide GAAP net income targets due to estimation difficulties may introduce uncertainty, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100