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Coveo Solutions Posts Narrower Loss, Higher Revenue for Fiscal Q1; Fiscal Q2, Full-year Outlooks Set

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Coveo Solutions (CVO.TO) after trade Thursday reported its fiscal first-quarter net loss narrowed to $0.06 per share from $0.16 per share a year ago.

Analysts polled by FactSet expected a loss per share of $0.02.

Revenue for the quarter ended June 30 was $38.5 million, up from $35.5 million a year earlier.

Analysts polled by FactSet expected $38.6 million.

For fiscal Q2, the company expects total revenue of $39.7 million to $40.2 million. Adjusted EBITDA is forecast to be between $0.5 million and $1.5 million.

For the full fiscal year 2027, the company projects total revenue of $160 million to $164 million. Adjusted EBITDA is expected to range from $2 million to $7 million.

Coveo shares closed down C$0.12, ot 2.7%, to C$4.33 on the Toronto Stock Exchange.

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