Planet Sees Q3 2025 Revenue $61M-$64M
Portfolio Pulse from Benzinga Newsdesk
Planet projects its Q3 2025 revenue to be between $61M and $64M, with a non-GAAP gross margin of 59% to 61%. The company anticipates an adjusted EBITDA loss of $2M to $5M and capital expenditures of $13M to $16M.
September 05, 2024 | 8:19 pm
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NEUTRAL IMPACT
Planet's Q3 2025 financial outlook indicates revenue between $61M and $64M, with a non-GAAP gross margin of 59%-61%. The company expects an adjusted EBITDA loss of $2M-$5M and capital expenditures of $13M-$16M.
The revenue projection is within a specific range, indicating stable expectations. The non-GAAP gross margin suggests healthy profitability margins. However, the adjusted EBITDA loss and significant capital expenditures may concern investors, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100