Record ARR of $315.7 million, up 27% year-over-year; TYSONS CORNER, VA and PETAH TIKVA, ISRAEL, February 15, 2024 – Cellebrite (NASDAQ: CLBT), a global leader in premier Digital Investigative solutions for the public and private sectors, today announced financial results for the three and twelve months ending December 31, 2023. Fourth-Quarter Financial Highlights ● Revenue of $93.0 million, up 26% year-over-year ● GAAP gross profit and gross margin of $78.1 million and 84.0%, respectively; Non-GAAP gross pr ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Cellebrite DI Ltd. (CLBT) , which belongs to the Zacks Technology Services industry, could be a great candidate to consider.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 433.33%.For the last reported quarter, Cellebrite DI Ltd. C ...

Cellebrite DI Ltd (NASDAQ:CLBT) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Andrew Kramer - VP, IR Yossi Carmil - Founder, CEO & Director Dana Gerner - CFO Conference Call Participants Michael Cikos - Needham & Company Jonathan Ho - William Blair & Company Jeff Van Rhee - Craig-Hallum Hugh Cunningham - TD Cowen Tal Liani - Bank of America Merrill Lynch Jamie Shelton - Deutsche Bank Douglas Bruehl - JPMorgan Chase & Co. Operator Welcome to the Cellebrite Third Quarter 2 ...

Cellebrite DI Ltd. (NASDAQ:CLBT) Q2 2023 Results Conference Call August 8, 2023 8:30 AM ET Company Participants Andrew Kramer - Vice President-Investor Relations Yossi Carmil - Chief Executive Officer Dana Gerner - Chief Financial Officer Conference Call Participants Jeff Van Rhee - Craig Hallum Jamie Shelton - Deutsche Bank Tomer Zilberman - Bank of America Louie DiPalma - William Blair Mike Cikos - Needham and Company Operator Welcome to the Cellebrite's Second Quarter 2023 Financial Results Conference Ca ...

Revenues of $76.7 million, 23% year-over-year increase primarily due to 35% growth in subscription revenue; ARR of $273.7 million, up 28% year-over-year; Adjusted EBITDA of $11.1 million, 14.5% Adjusted EBITDA margin; Company increases 2023 outlook for revenue, ARR and adjusted EBITDA TYSONS CORNER, VA and PETAH TIKVA, ISRAEL, August 8, 2023 – Cellebrite (NASDAQ: CLBT), a global leader in Digital Intelligence ("DI") solutions for the public and private sectors, today announced financial results for the thre ...

Cellebrite DI Ltd. (NASDAQ:CLBT) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Andrew Kramer - Vice President-Investor Relations Yossi Carmil - Chief Executive Officer Dana Gerner - Chief Financial Officer Conference Call Participants Jonathan Ho - William Blair Shaul Eyal - TD Cowen Tal Liani - Bank of America Doug Bruehl - JPMorgan Jamie Shelton - Deutsche Bank Louie DiPalma - William Blair Operator Welcome to the Cellebrite's First Quarter 2023 Financial Results Conference ...

| --- | --- | --- | --- | --- | |-------|---------------|-------|-------|-------| | | | | | | | | | | | | | | :: Cellebrite | | | | This prosental ion has been propared by Gallebrite DI Ltd. (the "Company") solely for informational purposes. N is not, and should not be assumed to be, complete. This pre is it a solicitation of an offer to buy securities. This presentation is not directed at, or intended for distribution to or use by, any person or entity that is a citizen jursdiction where such distribution, ...

Financial Performance - Revenue for Q1 2023 was $71.2 million, representing a 14% year-over-year increase, driven primarily by a 27% growth in subscription revenue[2] - Annual Recurring Revenue (ARR) reached $261.3 million, up 30% year-over-year, with a dollar-based net retention rate (NRR) of 128%[3][9] - GAAP net loss for Q1 2023 was $40.6 million, while Non-GAAP net income was $6.9 million, resulting in a Non-GAAP diluted EPS of $0.03[3][9] - Adjusted EBITDA for Q1 2023 was $7.3 million, reflecting a 10.3% adjusted EBITDA margin[9] - Total revenue for Q1 2023 was $71.234 million, compared to $62.385 million in Q1 2022, reflecting a year-over-year increase of approximately 14%[45] - Subscription services revenue for Q1 2023 was $47.367 million, up from $36.361 million in Q1 2022, indicating a growth of about 30%[45] - The company reported a net loss of $40.605 million for Q1 2023, compared to a net income of $55.438 million in Q1 2022[49] - Adjusted EBITDA for Q1 2023 was $7.304 million, an increase from $4.082 million in Q1 2022[49] - Operating income for Q1 2023 was $136,000, a significant improvement from an operating loss of $1.946 million in Q1 2022[45] - Non-GAAP net income improved to $6.899 million in March 2023 from $1.420 million in March 2022[57] - Gross profit for March 2023 was $58.828 million, up from $51.402 million in March 2022, reflecting a growth of 14.8%[54] - Operating expenses increased to $58.692 million in March 2023 from $53.348 million in March 2022, a rise of 10.4%[54] - Non-GAAP operating income for March 2023 was $5.653 million, compared to $2.634 million in March 2022, showing a significant increase[54] Future Projections - Full year 2023 revenue is projected to be between $305 million and $315 million, representing a 13-16% year-over-year growth[13] - Full year 2023 adjusted EBITDA is expected to be between $35 million and $40 million, with an expected margin of 11-13%[14] - December 2023 ARR is expected to be between $300 million and $310 million, representing 21-25% year-over-year growth[34] Customer and Market Insights - The company closed 21 large deals in Q1, each valued at $500,000 or more, indicating strong demand for its solutions[4] - A large national agency in Latin America increased its ARR by 13x to $1.6 million after expanding its licensing with Cellebrite[10] - The dollar-based net retention rate (NRR) is a key performance indicator that reflects customer recurring revenue growth[37][38] - The company anticipates continued success in increasing wallet share from existing customers and expanding its global customer base[33] Awards and Recognition - The company received Frost & Sullivan's 2022 North American Customer Value Leadership Award for its digital intelligence solutions[5] Financial Position - Total assets increased to $412.689 million in March 2023 from $403.293 million in December 2022, representing a growth of 2.4%[50] - Total liabilities rose to $373.332 million in March 2023, up from $329.428 million in December 2022, indicating an increase of 13.3%[50] - Cash and cash equivalents rose to $98.972 million in March 2023 from $87.645 million in December 2022, an increase of 12.6%[50] - Deferred revenues increased to $157.903 million in March 2023 from $152.709 million in December 2022, a growth of 3.4%[50] Research and Development - Research and development expenses for Q1 2023 were $21.131 million, compared to $19.576 million in Q1 2022, showing an increase of about 8%[45] Guidance and Confidence - The company reiterates its full-year 2023 guidance, indicating confidence in achieving its financial targets[33]

52 A. HISTORY AND DEVELOPMENT OF THE COMPANY 53 54 Public sector investigations substantially rely on traditional, manual processes and workflows, which are slow and typically conducted in silos. Law enforcement agencies often are challenged with the amount of cases involving digital evidence, the variety of digital sources as well as data types resulting with backlogs and low crime clearance rates. The main challenges that public sector investigations and law enforcement agencies often face are further des ...

Cellebrite DI Ltd. (NASDAQ:CLBT) Q4 2022 Earnings Conference Call February 15, 2023 8:30 AM ET Company Participants Sabrina Mathews – Investor Relations Yossi Carmil – Chief Executive Officer Dana Gerner – Chief Financial Officer Conference Call Participants Jonathan Ho – William Blair Mike Cikos – Needham & Company Tal Liani – Bank of America Douglas Bruehl – J.P. Morgan Chase Jamie Shelton – Deutsche Bank Louie DiPalma – William Blair Operator Good day and thank you for standing by. Welcome to Cellebrite' ...