Brief: Coveo Reports Q4 Results

Coveo Solutions

30/05/2023 21:13

May 30 (Reuters) - Coveo Solutions Inc  CVO.TO :
    * COVEO REPORTS FOURTH QUARTER AND FISCAL 2023 FINANCIAL
RESULTS
    * SEES Q1 SAAS SUBSCRIPTION REVENUE $27.9 MILLION – $28.4
MILLION
    * QTRLY TOTAL REVENUE WAS $29.1 MILLION, AN INCREASE OF 14%
    * SEES Q1 TOTAL REVENUE $29.9 MILLION – $30.4 MILLION
    * QTRLY LOSS PER SHARE $0.07
    * SEES FY 2024 SAAS SUBSCRIPTION REVENUE $118.0 MILLION –
$120.0
MILLION
    * SEES FY 2024 TOTAL REVENUE $127.0 MILLION – $129.0 MILLION
    * EXPECTS TO ACHIEVE POSITIVE OPERATING CASH FLOW IN FY 2025
AS IT
EXECUTES ON ITS GROWTH PLAN
    * Q4 EARNINGS PER SHARE VIEW $-0.05, REVENUE VIEW $28.9
MILLION --
REFINITIV IBES DATA
    * Q1 REVENUE VIEW $30.2 MILLION -- REFINITIV IBES DATA
    * FY2024 REVENUE VIEW $131.9 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNXd3Vc9 
Further company coverage:  CVO.TO 

 ((Reuters.Briefs@thomsonreuters.com;))