- The company expects revenue in the third quarter of 2021 to be in the range of $50.0 million and $51.5 million. This includes a projected contribution of $11.0 million from Daxx and Tacit.
- Non-GAAP EBITDA in the third quarter of 2021 is expected to be between $8.3 million and $9.3 million.
- For the full year of 2021, revenues are expected to be at least $189.0 million. This includes a contribution of $38.0 million from Daxx and Tacit.
- For the third quarter of 2021, we expect our basic share count to be in the 63.0-65.0 million range and diluted share count to be in the 69.0-71.0 million range.
Keybanc Maintains Overweight on Alibaba Group Holding, Lowers Price Target to $270
Keybanc analyst Hans Chung maintains Alibaba Group Holding (NYSE:BABA) with a Overweight and lowers the price target from $275 to $270.