Definitive Healthcare cut its Q4 and FY 2024 earnings forecasts, causing its stock to drop to $4.24.

Definitive Healthcare (DH) updated its Q4 2024 earnings guidance, expecting EPS of 0.070 and revenues of $60.0 million to $61.0 million. For FY 2024, the company's EPS guidance is 0.340 to 0.350. DH's stock fell $0.07 to $4.24 on Friday. Analysts have given the stock a "Hold" consensus rating with an average target price of $5.81. Definitive Healthcare provides a SaaS healthcare commercial intelligence platform.

November 11, 2024
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