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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
๊ฐ€์ž… March 2022
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SERVICETITAN $TTAN Q2โ€™27 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $292.8M (Est. $286M) ๐ŸŸข; +21% YoY ๐Ÿ”น Adj. EPS: $0.40 (Est. $0.35) ๐ŸŸข ๐Ÿ”น GTV: $26.8B; +17% YoY ๐Ÿ”น Non-GAAP FCF: $50.5M FY27 Guide: ๐Ÿ”น Revenue: $1,139M-$1,144M (Est. $1.14B) ๐ŸŸก ๐Ÿ”น Non-GAAP Oper Income: $152M-$154M (Est. $149M) ๐ŸŸข Q3 Guide: ๐Ÿ”น Revenue: $285M-$287M (Est. $288M) ๐Ÿ”ด ๐Ÿ”น Non-GAAP Oper Income: $29M-$30M (Est. $28.3M) ๐ŸŸข Other Q2 Metrics: ๐Ÿ”น Platform Revenue: $284.5M; +22% YoY ๐Ÿ”น Non-GAAP Operating Margin: 15.2% ๐Ÿ”น Net Dollar Retention: >110% Comments: ๐Ÿ”ธ โ€œOur strong momentum delivering the Agentic Operating System to the Trades resulted in 21% year-over-year revenue growth and over $50 million of non-GAAP free cash flow this quarterโ€ ๐Ÿ”ธ โ€œWe exceeded our goal of doubling Max locations during Q2. As a result of strong execution with existing customers and progress with select new customers, we now expect to end this fiscal year with over 700 enrolled Max locations.โ€
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