Freightos Expects Q3 Revenue Of $5.9M - $6.0M (Est $5.964M), Revises FY24 Range From $22.4M - $24.0M To $23.4M - $23.7M (Est $23.267M)
Portfolio Pulse from Benzinga Newsdesk
Freightos has announced its Q3 revenue expectations to be between $5.9M and $6.0M, slightly above the estimated $5.964M. The company has also revised its FY24 revenue range from $22.4M - $24.0M to $23.4M - $23.7M, which is higher than the estimated $23.267M.
August 19, 2024 | 11:09 am
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Freightos (CRGO) has announced its Q3 revenue expectations to be between $5.9M and $6.0M, slightly above the estimated $5.964M. The company has also revised its FY24 revenue range from $22.4M - $24.0M to $23.4M - $23.7M, which is higher than the estimated $23.267M.
Freightos' Q3 revenue expectations are slightly above estimates, and the revised FY24 revenue range is higher than previously expected. This positive revision indicates strong performance and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100