Streamline Health Reiterates $15.5M Implemented SaaS ARR Adjusted EBITDA Breakeven Run Rate Expectation; Expects To Achieve This Run Rate During H2 Of FY24
Portfolio Pulse from Benzinga Newsdesk
Streamline Health has reiterated its expectation to achieve a $15.5 million implemented SaaS ARR and an adjusted EBITDA breakeven run rate during the second half of FY24. However, due to the unpredictability of new contract closings, the company has not provided specific guidance on the timing of bookings.
June 11, 2024 | 8:49 pm
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Streamline Health has reiterated its expectation to achieve a $15.5 million implemented SaaS ARR and an adjusted EBITDA breakeven run rate during the second half of FY24. However, the company has not provided specific guidance on the timing of bookings due to the unpredictability of new contract closings.
The reiteration of the $15.5 million SaaS ARR and adjusted EBITDA breakeven run rate expectation is a positive signal for investors, indicating confidence in achieving these financial targets. However, the lack of specific guidance on the timing of bookings due to unpredictability may introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100