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Planet Labs sees FY24 revenue $248M-$268M, consensus $259.0M
The Fly

Planet Labs sees FY24 revenue $248M-$268M, consensus $259.0M

For fiscal year 2024, Planet expects revenue to be in the range of approximately $248 million to $268 million, representing approximately 35% year-over-year growth at the midpoint. Non-GAAP Gross Margin is expected to be between approximately 57% to 61%. Adjusted EBITDA loss is expected to be between approximately ($47) million and ($37) million. Capital Expenditure as a Percentage of Revenue is expected to be between approximately 18% to 21% for the full fiscal year 2024.

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