Core Insights - OneStream, Inc. (NASDAQ:OS) experienced a significant share price increase of 20.38% week-on-week, driven by strong earnings and positive analyst coverage [1][4]. Financial Performance - The company reported a substantial reduction in its attributable net loss for Q3, decreasing by 95% to $8.85 million from $171.94 million year-on-year [2]. - Revenues for the third quarter rose by 19% to $154 million, up from $129 million in the same period last year, with international business contributing 34% of total revenue, particularly from strong legacy replacement momentum in Europe [2]. - OneStream raised its full-year revenue growth outlook to a range of $594 million to $596 million, an increase from the previous expectation of $586 million to $590 million [3]. Earnings Projections - The expected net income per share (EPS) for the upcoming period is projected to be between $0.15 and $0.19, surpassing the earlier forecast of $0.07 to $0.15 [4]. - For Q4, OneStream targets revenues between $156 million and $158 million, with an EPS forecast of $0.04 to $0.07 [4]. Analyst Recommendations - The company received a "buy" recommendation from Needham & Company, with a price target of $38, indicating a potential upside of 67% from its latest closing price [5].
OneStream (OS) Soars 20% on Strong Q3, Bullish Rating