ENFN Earnings Prediction
The chart below shows how ENFN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ENFN sees a +2.67% change in stock price 10 days leading up to the earnings, and a -2.34% change 10 days following the report. On the earnings day itself, the stock moves by +0.30%. This data can give you a slight idea of what to expect for the next quarter's release.
ENFN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
51.17M
15.35%
3.46%
Gross Margin
68.06%
1.14%
0.50%
Operating Margin
5.83%
-3.80%
6.58%
Net Margin
3.82%
-36.33%
-25.83%
EPS
0.01
-50.00%
0.00%
No Data Available
ENFN Earnings Analysis
Enfusion, Inc. Corporation (ENFN.N) Earnings Conference Call
Positive
Strong Quarter Performance: We reported a strong quarter with 15% top-line growth and narrowed our 2024 full year guidance.
Medium-Term Revenue Guidance: We also remain on track to deliver on our medium-term guidance of 20% to 22% revenue growth rate over the 2025-2027 period.
Q3 Revenue Growth: We delivered $51.2 million in revenue in Q3 2024, representing 15% year-over-year growth.
Adjusted EBITDA Performance: Third quarter adjusted EBITDA totaled $11.1 million, translating to a healthy adjusted EBITDA margin of 21.8%.
Client Acquisition Growth: We signed 38 new clients in Q3 2024, up from the 37 signed in Q3 2023, bringing our total client count to 894, another strong record.
Negative
Q3 2024 Revenue Performance: Revenue for Q3 2024 was reported at $51.2 million, representing only a 15% year-over-year growth, which is lower than expected growth rates.
Adjusted EBITDA Decline: Adjusted EBITDA totaled $11.1 million, translating to a margin of 21.8%, indicating a decline in profitability compared to previous quarters.
Net Dollar Retention Decline: The net dollar retention rate (NDR) decreased to 102%, down one percentage point from the previous quarter, suggesting a slowdown in revenue growth from existing customers.
Gross Profit Margin Decline: The adjusted gross profit margin for the quarter was reported at 68.8%, which is a slight decrease compared to the same period last year, indicating potential cost management issues.
Quarterly GAAP Net Income: GAAP net income for the quarter was only $2.0 million, resulting in a GAAP EPS of $0.02 per share, which is significantly lower than market expectations.
ENFN FAQs
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ENFN Earning Call Sentiment
Enfusion, Inc. (ENFN) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
ENFN.N
0.27%Positive
The earnings call presents a mixed picture. While financial performance shows growth and strong EBITDA, guidance has been tightened, indicating caution. Competitive pressures, regulatory issues, and high churn rates are concerning. The Q&A reveals management's lack of clarity on critical issues, adding uncertainty. Despite positive aspects like cash reserves and no debt, the absence of shareholder return plans and macroeconomic challenges tempers optimism. Overall, the sentiment is neutral, with no significant catalysts for a strong price movement.
