Brief: Nogin Reports First Quarter 2023 Financial And Operational Results

Nogin

15/05/2023 13:15

Nogin Inc  NOGN.O :
    * NOGIN REPORTS FIRST QUARTER 2023 FINANCIAL AND OPERATIONAL
RESULTS
    * NOGIN INC SAYS UPDATES FULL YEAR 2023 AND 2024 OUTLOOK
    * NOGIN INC SAYS PROJECTS 2024 NON-GAAP REVENUE GROWTH OF
GREATER
THAN 40% COMPARED TO FULL YEAR 2023
    * NOGIN INC SAYS EXPECTS TO BE CASH FLOW POSITIVE DURING Q2
AND
FOR REST OF 2023
    * NOGIN INC - Q1 NET REVENUE DECREASED 34% TO $16.7 MILLION
FROM
$25.2 MILLION IN Q1 2022
    * NOGIN INC SEES FY 2023 NET REVENUE BETWEEN $70 AND $75
MILLION
    * NOGIN INC SEES FY 2023 NON-GAAP REVENUE BETWEEN $60
MILLION AND
$65 MILLION
    * NOGIN INC - Q1 LOSS PER SHARE $2.11

Source text for Eikon:  ID:nGNX8RF7GF 
Further company coverage:  NOGN.O