Alkami Sees FY24 Revenue $328.5M-$333M Vs $410.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alkami forecasts its FY24 revenue to be between $328.5M and $333M, significantly lower than the estimated $410.54M.

May 01, 2024 | 9:36 pm
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Alkami's FY24 revenue projection significantly misses analyst estimates, indicating potential challenges ahead.
Alkami's projected revenue for FY24 is substantially below the market expectations, which could lead to negative investor sentiment and a potential decrease in stock price in the short term. This discrepancy between expected and forecasted revenue is a critical factor for investors, as it may indicate underlying challenges in the company's operations or market conditions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100