Earnings PerformanceInsight reported Q3/24 non-GAAP EPS of $2.19, which was less than the forecast of $2.41 and the FactSet consensus forecast of $2.37.
Product DemandDue to continued industry headwinds, a product rebound is expected to be pushed out from the second half of 2024 to the second half of 2025.
Revenue PerformanceThe company reported Q3/24 total net revenue of $2.09 billion, which was 11% less than the forecast of $2.35 billion and 2% less than the FactSet consensus forecast of $2.34 billion.