Procore Sees FY25 Revenue At Least $1.275B Vs $1.302B Est.
Portfolio Pulse from Benzinga Newsdesk
Procore Technologies has revised its fiscal year 2025 revenue forecast to at least $1.275 billion, which is below the previous estimate of $1.302 billion.
October 30, 2024 | 8:44 pm
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Procore Technologies has lowered its fiscal year 2025 revenue forecast to at least $1.275 billion, which is below the previous estimate of $1.302 billion. This revision may impact investor sentiment negatively.
The downward revision of Procore's revenue forecast for FY25 suggests potential challenges in achieving previously expected growth. This could lead to negative investor sentiment and a short-term decline in stock price.
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