FiscalNote reports Q2 EPS (23c), consensus (13c)

Reports Q2 revenue $32.8M, consensus $33.12M.”These results mark another quarter of delivering results in-line with the Company’s guidance driven by durable recurring revenue and high gross margins that also form the basis for the accelerated expectation of reaching adjusted EBITDA profitability next quarter – a quarter earlier than the Company’s prior guidance. The results reflect ongoing demand for FiscalNote’s trusted, AI-enabled policy and market intelligence that empowers organizations to mitigate risk and more confidently navigate their businesses in an increasingly complex global geopolitical, economic, and regulatory environment.”