Procore Sees Q4 Revenue $296M-$298M Vs $287.553M Est.
Portfolio Pulse from Benzinga Newsdesk
Procore Technologies has announced its Q4 revenue guidance, projecting between $296 million and $298 million, surpassing the estimated $287.553 million.
October 30, 2024 | 8:44 pm
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Procore Technologies has provided a Q4 revenue guidance of $296M-$298M, which is higher than the market estimate of $287.553M. This positive outlook suggests potential growth and could lead to a favorable market reaction.
The revenue guidance provided by Procore Technologies exceeds market expectations, indicating strong business performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100