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ACV (ACVA) Misses Q4 EPS by 9c, provides guidance

February 21, 2024 4:39 PM

ACV (NASDAQ: ACVA) reported Q4 EPS of ($0.14), $0.09 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $118 million versus the consensus estimate of $118.25 million.

First Quarter and Full-Year 2024 Guidance

Based on information as of today, ACV is providing the following guidance:

First Quarter of 2024:

Total revenue of $141 to $146 million, an increase of 18% to 22% year over year, versus the consensus of $140.9 million.
GAAP net income (loss) of ($15) to ($13) million
Non-GAAP net income of $0 to $2 million
Adjusted EBITDA of $2 to $4 million

Full-Year 2024:

Total revenue of $610 to $625 million, an increase of 27% to 30% year over year, versus the consensus of $578.9 million.
GAAP net income (loss) of ($62) to ($57) million
Non-GAAP net income of $3 to $8 million
Adjusted EBITDA of $20 to $25 million

For earnings history and earnings-related data on ACV (ACVA) click here.

Categories

Earnings Guidance