Procore Sees FY24 Revenue $1.146B-$1.148B Vs $1.14B Est.
Portfolio Pulse from Benzinga Newsdesk
Procore Technologies has announced its FY24 revenue guidance to be between $1.146 billion and $1.148 billion, surpassing the previous estimate of $1.14 billion.
October 30, 2024 | 8:44 pm
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Procore Technologies has increased its FY24 revenue guidance to $1.146 billion-$1.148 billion, exceeding the previous estimate of $1.14 billion. This positive revision suggests stronger than expected business performance.
The upward revision in revenue guidance indicates that Procore is performing better than expected, which is likely to positively impact investor sentiment and the stock price in the short term.
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RELEVANCE 100