ServiceTitan falls as second-quarter losses weigh
09/09/2026 09:49
BUZZ-ServiceTitan falls as second-quarter losses weigh ** Shares of tech platform ServiceTitan TTAN.O fall 18.2% to $66.72 premarket
** ServiceTitan reports second-quarter loss of $24.9 million
** Company sees third-quarter revenue of $285 million to $287 million; midpoint of $286 million vs analysts' estimate of $286.85 million, according to LSEG-compiled data
** Still, company's second-quarter revenue of $292.8 million beat analysts' estimate of $286 million
** If losses hold, stock set to open at its lowest level since June 25
** Fifteen of 17 brokerages rate the stock "buy" or higher, and two "hold"; their median PT is $100
** As of last close, stock down 23.4%, YTD
(Reporting by Darshan Kumar in Bengaluru)