Reported 1 day ago
Cellebrite DI Ltd. (CLBT) reported quarterly earnings of $0.12 per share for Q2, surpassing the Zacks Consensus Estimate of $0.10 and demonstrating a year-over-year increase from $0.10. The company's revenues reached $113.28 million, exceeding expectations by 0.75% and up from $95.71 million a year earlier. Despite this positive performance, shares of Cellebrite have declined approximately 36.5% this year, prompting questions about future earnings and stock price movement, which are currently rated as a hold.
Source: YAHOO