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Cellebrite reports Q1 EPS 10c, consensus 9c

Reports Q1 revenue $107.5M, consensus $109.36M. “Cellebrite (CLBT) delivered strong 23% ARR growth while pairing solid revenue expansion with prudent spending to drive 34% year-over-year growth in adjusted EBITDA and a 22% margin,” stated Thomas E. Hogan, Cellebrite’s interim CEO. “The strength of our total performance was a byproduct of our global diversification and the range of our solutions across federal, state and local, defense, intelligence and private sectors.”

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