U.S.-listed shares of WalkMe rise on profitability prospects

Walkme

17/05/2023 19:00

** U.S.-listed shares of software publisher company WalkMe
Ltd  WKME.O  up 7.4% at $9.3
    ** Co says it expects to be profitable for the full-year
2024
    ** Reports Q1 loss of $0.08/shr, narrower than avg analysts'
expectations of loss of $0.11/shr
    ** Sees FY23 revenue between $269 mln and $276 mln, the
mid-point of which is slightly below analysts' estimates of
$273.2 mln - Refinitiv IBES
    ** WKME reports qtrly rev of $65.9 mln, marginally above avg
analyst expectations of $65.1 mln
    ** U.S.-listed shares WKME shares down 13.91% YTD

 (Reporting by Saikeerthi in Bengaluru)
 ((Saikeerthi@thomsonreuters.com;))