PARIS — Geospatial imagery and analytics provider Planet Labs matched the fiscal-year 2022 revenue forecast that it presented to investors in the run-up to its SPAC-enabled stock-market introduction, but fell short on gross profit.
For fiscal-year 2023, Planet said it likely will miss its forecasts for both top-line revenue and gross profit, even if both are expected to grow substantially.
In a March 31 investor call, Planet Chief Financial Officer Ashley Fieglein Johnson said the unpredicted loss of a contract with the . . .
To view the entire article, become a subscriber!
