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Octave Intelligence Sees Q3 Sales $400.000M-$410.000M vs $411.727M Est
Octave Intelligence (NASDAQ:OCTV) sees Q3 sales of $400.000 million-$410.000 million vs $411.727 million analyst estimate.
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Why Octave Intelligence Stock Slumped Today
Octave Intelligence (OCTV) stock fell 3.25% after reporting Q2 earnings that missed revenue expectations at $398 million (vs. $400M+ expected) despite beating on earnings per share. The company showed declining total revenue (down 4% YoY) and adjusted net income (down from $98M to $95M), though recurring revenue grew 6% to $283M. Full-year guidance was broadly in line with analyst expectations.
Octave Intelligence Sees FY2026 Sales $1.635B-$1.665B vs $1.668B Est
Octave Intelligence (NASDAQ:OCTV) sees FY2026 sales of $1.635 billion-$1.665 billion vs $1.668 billion analyst estimate.