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Planet Sees Q3 2025 Revenue $61M-$64M

Author: Benzinga Newsdesk | September 05, 2024 04:19pm

Third Quarter Financial Outlook

For the third quarter of fiscal year 2025, ending October 31, 2024, Planet expects revenue to be in the range of approximately $61 million to $64 million. Non-GAAP Gross Margin is expected to be in the range of approximately 59% to 61%. Adjusted EBITDA loss is expected to be in the range of approximately ($5) million and ($2) million for the quarter. Capital Expenditures are expected to be in the range of approximately $13 million and $16 million for the quarter.

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