WalkMe Ltd shares up on smaller-than-expected Q3 loss

Walkme

15/11/2022 17:45

** Shares of Israel-based software firm WalkMe Ltd  WKME.O 
rises 17.2% to $9.05; on track to see their best day ever
    ** WalkMe reports Q3 adj. loss of $0.14/shr, analysts on
average expected a loss of $0.19/shr - Refinitiv
    ** Co expects Q4 revenue in the range of $62.9 mln to $64.9
mln -  urn:newsml:reuters.com:*:nGNX6f8R6
    ** The company is confident in its path to go free cash flow
positive in 2023 - CEO Dan Adika
    ** Including the session's gains, stock down 54% this year
 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))