Cellebrite DI Ltd. (CLBT) Tops Q1 Earnings Estimates

Group 1: Earnings Performance - Cellebrite DI Ltd. reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of $0.09 per share, and up from $0.08 per share a year ago, representing an earnings surprise of 11.11% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] - The current consensus EPS estimate for the upcoming quarter is $0.10 on revenues of $115.93 million, and for the current fiscal year, it is $0.43 on revenues of $485.74 million [7] Group 2: Revenue Performance - Cellebrite DI Ltd. posted revenues of $107.55 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.03%, but up from $89.58 million year-over-year [2] - The company has topped consensus revenue estimates three times over the last four quarters [2] Group 3: Stock Performance and Outlook - Shares of Cellebrite DI Ltd. have declined approximately 8.7% since the beginning of the year, while the S&P 500 has gained 0.1% [3] - The company's earnings outlook and management commentary will be crucial for understanding future stock movements [4] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 4: Industry Context - The Internet - Software industry, to which Cellebrite DI Ltd. belongs, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, GitLab Inc., is expected to report quarterly earnings of $0.15 per share, reflecting a year-over-year change of +400% [9]