Planet Labs shares are trading lower following a Q2 earnings miss. The company also issued weak Q3 and FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
Planet Labs reported a Q2 earnings miss and issued weak Q3 and FY24 guidance, causing its shares to trade lower.
September 08, 2023 | 1:40 pm
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NEGATIVE IMPACT
Planet Labs' shares are trading lower due to a Q2 earnings miss and weak Q3 and FY24 guidance.
Planet Labs' Q2 earnings miss and weak future guidance are negative indicators for the company's financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100