Company Comments on Outlook for 2024
The Company today commented on its business outlook for 2024. The Company's outlook is based on the current indications for its business, which may change at any time.
| Estimate ($ in millions) | Issued February 29, 2024 | Issued May 9, 2024 | ||
| Total Revenue | ~$115 | ~$100 | ||
| ARR1 (ARR) at 12/31/24 | $108-$112 | ~$100 | ||
| Adjusted Gross Margin3 | ~60% | Reaffirmed | ||
| Adjusted EBITDA3 | Improve by 40%+ | Reaffirmed |