Cellebrite Expects To Drive Solid ARR And Revenue Expansion In Q2; Sees Revenue Of $90M-$94M, Est $89.405M
Portfolio Pulse from Benzinga Newsdesk
Cellebrite expects to drive solid Annual Recurring Revenue (ARR) and revenue expansion in Q2, projecting revenue between $90M and $94M, surpassing the estimated $89.405M.
May 23, 2024 | 11:07 am
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Cellebrite projects strong Q2 performance with revenue expected between $90M and $94M, surpassing the estimated $89.405M. This indicates solid ARR and revenue expansion.
Cellebrite's projected revenue for Q2 is higher than the market estimate, indicating strong performance and potential for stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100