Cellebrite DI Ltd Expects FY23 Revenue of $315M-$320M (Prior $310M-$320M) Vs $316.15M Est
Author: Benzinga Newsdesk | November 14, 2023 08:05am
The Company's updated 2023 expectations are as follows:
| Prior Expectations |
Updated Expectations |
| (as of August 8, 2023) |
(as of November 14, 2023) |
| 2023 Revenue |
$310 million - $320 million |
$315 million - $320 million |
| Growth over 2022 |
15% - 18% |
16% - 18% |
| December 2023 ARR |
$303 million - $313 million |
$310 million - $315 million |
| Growth over 2022 |
22% - 26% |
25% - 27% |
| 2023 Adjusted EBITDA |
$39 million - $44 million |
$50 million - $55 million |
| 2023 Adjusted EBITDA margin |
13% - 14% |
16% - 17% |
Posted In: CLBT
