Definitive Healthcare Sees Q3 2024 Revenue $61M-$62.5M Vs $63.16M Estimate
Portfolio Pulse from Benzinga Newsdesk
Definitive Healthcare has projected its Q3 2024 revenue to be between $61 million and $62.5 million, which is below the market estimate of $63.16 million.
August 05, 2024 | 9:09 pm
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NEGATIVE IMPACT
Definitive Healthcare's Q3 2024 revenue projection of $61M-$62.5M is below the market estimate of $63.16M, which could negatively impact the stock price in the short term.
The revenue projection falling short of market expectations typically leads to a negative reaction from investors, potentially causing a decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100