SoundThinking Introduces FY24 Revenue Guidance Of $104M-$106M, Est $105.388M
Portfolio Pulse from Benzinga Newsdesk
SoundThinking (SSTI) has provided revenue guidance for FY24, projecting revenues to be between $104M and $106M, with an estimated midpoint of $105.388M. Additionally, the company anticipates Adjusted EBITDA margins to range from 18% to 20% for the full year.
February 27, 2024 | 10:35 pm
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SoundThinking projects FY24 revenues of $104M-$106M and expects Adjusted EBITDA margins of 18%-20%.
Providing a specific revenue guidance range and expected EBITDA margins indicates a positive outlook for SoundThinking's financial performance in FY24. This detailed financial forecast is likely to instill confidence among investors, potentially leading to a positive impact on SSTI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100