We provide the latest news
from the world of economics and finance
(RTTNews) - Shares of PowerSchool Holdings, Inc. (PWSC) are gaining more than 20 percent on Wednesday morning trade after the company reported 16 percent growth, meeting estimates, in first quarter revenues.
Total revenue for the quarter increased to $185 million from $159.454 million a year ago. On average, 13 analysts polled by Thomson Reuters projected the company to report revenue of $184.97 million. The company expects June quarter revenues in a range of $192-$197 million, and fiscal 2024 revenue in a range of $786 to $792 million.
Currently, shares are at $20.04, up 20.43 percent from the previous close of $16.64 on a volume of 3,030,056 shares.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
© 2024 Lime Trading (CY) Ltd
Lime Trading (CY) Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission in accordance with license No.281/15 issued on 25/09/2015. The "Just2Trade" trademark is owned by LimeTrading (CY) Ltd.
Registration Number: HE 341520
Address: Lime Trading (CY) Ltd
Magnum Business Center, Office 4B, Spyrou Kyprianou Avenue 78
Limassol 3076, Cyprus
Disclaimer:
All promotions, materials and information of this website may have applied conditions. Please contact the Company for further details
Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services.