Cellebrite to Report Q4 Earnings: Here’s What You Should Know
From Nasdaq
February 11, 2025 11:46 AM:
Cellebrite (CLBT) is set to announce its fourth-quarter 2024 results on Feb. 15. The company has a history of beating earnings estimates, with an average surprise of 42.2% in the past four quarters. Revenue for Q4 is expected to be $107.9 million, a 16% increase year-over-year, driven by subscription filters and market-leading investments.
The consensus estimate for CLBT’s Q4 bottom line is 10 cents per share, a 9.1% decrease from last year. Higher expenses from sales, marketing, and R&D could impact earnings. The company is expected to address these challenges in its upcoming earnings report on Feb. 15.
Despite a positive earnings track record, Cellebrite may not beat estimates this time. With an Earnings ESP of 0.00% and a Zacks Rank of 3, the odds are uncertain. Investors can explore other potential winners like V2X, Inc. (VVX), which is expected to show growth in Q4 revenues and earnings.
Coinbase Global, Inc. (COIN) is projected to report $1.6 billion in revenues for Q4 2024, a 67.2% increase from last year. Earnings are estimated at 87 cents per share, a 16.4% decline. COIN has a track record of surpassing estimates and has an Earnings ESP of +114.12%, with results expected on Feb. 13.
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