ServiceTitan shares plunged 30.02% even after the company beat quarterly earnings expectations.
Q2 revenue came in around $292.8 million and EPS reached $0.40, but investors focused instead on the company's fiscal Q3 revenue guidance, which came in below expectations and raised concerns about slowing growth.
The reaction shows why forward guidance can matter more than an earnings beat: markets price what investors expect next, not just what a company already reported.
For informational and educational purposes only. Not financial advice.
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