WalkMe Reiterates FY24 Revenue Outlook Of $279M-$283M Vs. 281.12M Estimate; Sees Q2 Revenue Of $69M-$70M Vs. 69.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
WalkMe has reiterated its FY24 revenue outlook of $279M-$283M, aligning closely with the $281.12M estimate. For Q2 2024, the company expects revenue of $69M-$70M and non-GAAP operating income of $2.3M-$3.3M. Full-year non-GAAP operating income guidance has been increased to $12.5M-$15M.
May 22, 2024 | 11:09 am
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WalkMe has reiterated its FY24 revenue outlook and increased its full-year non-GAAP operating income guidance. The Q2 revenue forecast is in line with estimates.
The reaffirmation of the revenue outlook and the increase in non-GAAP operating income guidance are positive indicators for WalkMe's financial health. The Q2 revenue forecast aligns with market expectations, which should bolster investor confidence.
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