FiscalNote Holdings, Inc. (NYSE: NOTE) reported Q2 EPS of ($0.03), $0.05 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $27.5 million versus the consensus estimate of $29.75 million.

As announced last week, the Company reaffirmed its guidance for full year 2025. Notwithstanding the financial impact of the recently announced divestiture of the Australia-based subsidiary, TimeBase, the Company continues to project total revenues of $94-$100 million and adjusted EBITDA of $10-$12 million. This reaffirmation reflects the Company’s continued confidence in its operating plan and execution, with accelerating performance in the second half of the year driven largely by recent investments in its core policy offering such as the launch of, and numerous enhancements to, its new PolicyNote platform. The Company also is seeing positive impacts from its operational streamlining and management restructuring earlier in the year.

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