Navan Expects FY Total Revenue $927 million - $933 million - NAVN News | RalliesNavan Expects FY Total Revenue $927 million - $933 million
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NAVN• Acquisition update
- Navan said it is acquiring BoomPop, an AI-native platform for meetings and events.
- Navan said the BoomPop deal is expected to have no material impact on the company's previously issued guidance.
Quarterly results and outlook
- Navan, Inc. reported second-quarter revenue of $233 million versus the IBES estimate of $220.5 million.
- Second-quarter adjusted EPS was $0.05 versus the IBES estimate of $0.04.
- Second-quarter gross booking volume was $3 billion.
- Navan expects third-quarter total revenue of $253 million - $255 million versus the IBES estimate of $248.3 million.
- Navan expects third-quarter adjusted income from operations of $35.5 million - $36.5 million.
- Navan expects full-year total revenue of $927 million - $933 million versus the IBES estimate of $911.3 million.
Navan expects full-year adjusted income from operations of $82 million - $86 million.