Cellebrite DI Ltd reports results for the quarter ended in June - Earnings Summary

Cellebrite DI

08/08/2023 14:34

* Cellebrite DI Ltd  CLBT.OQ  reported quarterly adjusted
earnings
of 5 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
2 cents per share.
    * Revenue rose 22.6% to $76.68 million from a year ago;
analysts
expected $72.52 million. 
    * Cellebrite DI Ltd's reported EPS for the quarter was a
loss
of 17 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Cellebrite DI Ltd shares had risen by 2.4% this
quarter and
gained 69.0% so far this year.
    * The company reported a quarterly loss of $32.35 million.
    * Wall Street's median 12-month price target for Cellebrite
DI Ltd
is $7.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.02           0.05           Beat
 Mar. 31 2023      0.02           0.04           Beat
 Dec. 31 2022      0.04           0.08           Beat
 Sep. 30 2022      0.02           0.01           Missed