Core Viewpoint - Cellebrite DI Ltd. reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, and showing an increase from $0.03 per share a year ago, indicating a strong performance in the recent quarter [1][2]. Financial Performance - The company achieved revenues of $89.58 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 4.15%, and up from $71.23 million in the same quarter last year [2]. - Over the last four quarters, Cellebrite has consistently exceeded consensus EPS estimates and revenue expectations [2]. Stock Performance - Since the beginning of the year, Cellebrite DI Ltd. shares have increased by approximately 34.1%, significantly outperforming the S&P 500's gain of 11.3% [3]. - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for continued outperformance in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.08, with projected revenues of $89.79 million, and for the current fiscal year, the consensus EPS estimate is $0.32 on revenues of $376.96 million [7]. - The trend of estimate revisions for the company has been favorable leading up to the earnings release [6]. Industry Context - The Technology Services industry, to which Cellebrite belongs, is currently ranked in the top 23% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]. - Another company in the same industry, Alithya Group, is expected to report a quarterly loss, indicating varying performance within the sector [9].

Cellebrite Announces First-Quarter 2024 Results Q1 2024 revenue of $89.6 million, up 26% year-over-year primarily due to 29% growth in subscription revenue; TYSONS CORNER, VA and PETAH TIKVA, ISRAEL, May 23, 2024 – Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced financial results for the three months ending March 31, 2024. First-Quarter 2024 Financial Highlights ● Revenue of $89.6 million, up 26% year-over-year ● Recur ...

ARR of $331.8 million, up 27% year-over-year; Q1 2024 revenue of $89.6 million, up 26% year-over-year primarily due to 29% growth in subscription revenue; Q1 2024 adjusted EBITDA of $17.6 million, 19.7% adjusted EBITDA margin TYSONS CORNER, Va. and PETAH TIKVA, Israel, May 23, 2024 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced financial results for the three months ending March 31, 2024. "Cellebri ...

ARR of $331.8 million, up 27% year-over-year; Q1 2024 revenue of $89.6 million, up 26% year-over-year primarily due to 29% growth in subscription revenue; Q1 2024 adjusted EBITDA of $17.6 million, 19.7% adjusted EBITDA margin TYSONS CORNER, Va. and PETAH TIKVA, Israel, May 23, 2024 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced financial results for the three months ending March 31, 2024. "Cellebri ...

Monty Rakusen/DigitalVision via Getty Images Cellebrite (NASDAQ:CLBT) is an Israeli company providing a suite of digital investigative (DI) solutions for law enforcement, governments, and enterprises to collect, review, analyze, and manage data in the context of legal investigation. CLBT went public through a SPAC transaction in 2021. The stock traded within the $10-11 range during this time, but continued to decline and reach an all-time low of $3.9 in September 2022 upon missing its revenue guidance by qu ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Cellebrite DI Ltd. (CLBT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Cellebrite DI Ltd. is a member of our Business Serv ...

TYSONS CORNER, Va. and PETAH TIKVA, Israel, March 21, 2024 (GLOBE NEWSWIRE) -- Cellebrite DI Ltd. (NASDAQ:CLBT), a leader in premier Digital Investigative solutions for the public and private sectors, today announced that the Company has filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission (the "SEC"). Cellebrite's 2023 Annual Report on Form 20-F is available on the investor relations section of its website at https://investors.cellebrit ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 OR OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 41 Table of Content (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR Cellebrite DI Ltd. Table of Content Notapplicable (TranslationofRegistrant'snameintoEnglish) (Jurisdiction of incorporation or organization) 94 Shlomo Shmelzer Roa ...

Investors with an interest in Technology Services stocks have likely encountered both Vontier Corporation (VNT) and Cellebrite DI Ltd. (CLBT) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy ...

TYSONS CORNER, Va. and PETAH TIKVA, Israel, March 14, 2024 (GLOBE NEWSWIRE) -- Cellebrite DI Ltd. (NASDAQ:CLBT), a leader in Digital Investigative solutions, today unveils Cellebrite Endpoint Inspector SaaS. This enhanced delivery model of our industry-leading Endpoint Inspector product offers enterprise customers and eDiscovery service providers next-generation digital forensic capabilities that enable the streamlined collection and analysis of data from diverse remote devices, all within a unified, consen ...