ServiceTitan Analysts Slash Their Forecasts After Q2 Earnings
ServiceTitan revenue rose 21% to $292.8M, but Q3 guidance missed estimates; shares fell 16.7% as analysts cut price targets.
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Why It Matters
ServiceTitan made more money than before, but told people to expect slower growth ahead than they thought. This made many experts lower their hopes for the company, which is why the stock price dropped a lot.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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