Coveo Solutions Inc.

CVO

CA22289D1078

Software

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-07-10 pm EDT			5-day change	1st Jan Change
7.91 ^CAD	-0.63%		-0.50%	-17.60%

Jun. 05	Coveo Solutions Price Target Lowered to $13 at RBC	MT
Jun. 04	BMO Reviews Coveo Solutions Q4	MT

Coveo Solutions Inc. Reports Earnings Results for the Full Year Ended March 31, 2024

June 03, 2024 at 04:44 pm EDT

Coveo Solutions Inc. reported earnings results for the full year ended March 31, 2024. For the full year, the company reported revenue was USD 126.09 million compared to USD 112 million a year ago. Net loss was USD 23.61 million compared to USD 39.73 million a year ago.

Basic loss per share from continuing operations was USD 0.23 compared to USD 0.38 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to USD 0.38 a year ago.

Latest news about Coveo Solutions Inc.

Coveo Solutions Price Target Lowered to $13 at RBC	Jun. 05	MT
BMO Reviews Coveo Solutions Q4	Jun. 04	MT
Coveo Solutions Price Target Cut, But Rating Maintained by National Bank; Shares Hit Fresh 52 Week Lows	Jun. 04	MT
Coveo Q4 Results "Well Ahead" or "At the Top End" of Guidance, Warns On Future Revenues; Launches Substantial Issuer Bid	Jun. 03	MT
Transcript : Coveo Solutions Inc., Q4 2024 Earnings Call, Jun 03, 2024	Jun. 03
Coveo Solutions Inc. Reports Earnings Results for the Full Year Ended March 31, 2024	Jun. 03	CI
Coveo Solutions Inc. Provides Earnings Guidance for the First Quarter and Full Fiscal Year of 2025	Jun. 03	CI
Coveo Brief: Q4 SaaS Subscription Revenue of US$30.7 million, "At the high end of guidance"	Jun. 03	MT
Coveo Brief: Announcing launch of C$50 million substantial issuer bid, and intention to renew its normal course issuer bid following completion of the substantial issuer bid	Jun. 03	MT
Coveo Brief: Q4 Adjusted Operating Loss US$0.8 million compared to $4.4 million, "Well ahead of guidance" for a loss of between $2.0 to $3.0 million	Jun. 03	MT
Coveo Solutions Inc. Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	Jun. 03	CI
Coveo Announces Resignation of Frederic Lalonde as Board Member	May. 28	CI
Coveo Launches Coveo for Genesys Cloud on Genesys AppFoundry	May. 14	MT
Coveo Brief: Announcing New Partnership with Genesys to "Empower Contact Center Agents with AI Search, Recommendations, and Generative Answering"	May. 14	MT
Coveo Solutions Inc. Introduces Two New Groundbreaking Genai Business Applications and 15+ Ai Innovations in the New Coveo Spring Release	Mar. 28	CI
Coveo Solutions Maintained at Buy at Stifel GMP After Fiscal Q3 Results; Price Target Raised to C$15.00	Feb. 06	MT
Coveo Solutions Price Target Raised to $15 at TD	Feb. 06	MT
Transcript : Coveo Solutions Inc., Q3 2024 Earnings Call, Feb 05, 2024	Feb. 05
Coveo Solutions Fiscal Q3 Loss Narrows on Rising Revenue	Feb. 05	MT
Coveo Solutions Inc. Provides Earnings Guidance for Fourth Quarter and Full Fiscal Year 2024	Feb. 05	CI
Coveo Solutions Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 05	CI
North American Morning Briefing : Hopes of March -2-	Feb. 05	DJ
Tranche Update on Coveo Solutions Inc.'s Equity Buyback Plan announced on July 12, 2023.	Feb. 04	CI
First Part: National Bank Provides Quarterly Previews for Technology Companies	Jan. 26	MT
Coveo Brief: Announcing that Coveo Relevance Generative Answering will be generally available starting December 15, after several months of Beta testing with several enterprises like SAP Concur	Dec. 14	MT

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Company Profile

Coveo Solutions Inc. is an enterprise software-as-a-service (SaaS) company. The Company is engaged in applied artificial intelligence (AI), enabling businesses to personalize and profitize every experience at scale. The Companyâs Coveo Relevance Cloud platform is an AI platform that combines AI search, AI recommendations, GenAI answering, AI models and analytics. Its platform drives personalization and merchandising intelligence in digital experiences across commerce, service, Website, and workplace applications. The Coveo Relevance Cloud is a cloud-native, multi-tenant, application programming interface (API)-first, SaaS platform that offers various out-of-the-box user interface (UI) integrations, as well as Coveo Headless for custom integrations, and support for over 100+ source types via native, generic, and custom-built connectors. The Company serves customers in the technology, financial services, manufacturing, healthcare, telecommunications, and retail industries.

Sector

Software

Calendar

2024-08-05 - Q1 2025 Earnings Release (Projected)

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Ratings for Coveo Solutions Inc.

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.812 USD

Average target price

8.275 USD

Spread / Average Target

+42.38%

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