Streamline Health Revises Expected Timeline To Achieve SaaS ARR Adjusted EBITDA Breakeven Run Rate From H2 Of FY24 To H2 Of FY25
Portfolio Pulse from Benzinga Newsdesk
Streamline Health has revised its expected timeline to achieve a SaaS ARR adjusted EBITDA breakeven run rate from the second half of fiscal 2024 to the second half of fiscal 2025 due to client non-renewals.
September 11, 2024 | 8:35 pm
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Streamline Health has pushed back its timeline to achieve a SaaS ARR adjusted EBITDA breakeven run rate to the second half of fiscal 2025 due to client non-renewals.
The delay in achieving the breakeven run rate is due to client non-renewals, which could indicate potential issues in client retention or satisfaction. This delay may negatively impact investor sentiment and the stock price in the short term.
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