Financial PerformanceCellebrite's shares fell 12% following mixed first-quarter results, as revenue fell short of expectations despite EBITDA exceeding them.
Revenue GuidanceThe company lowered its full-year revenue guidance and issued second-quarter guidance below consensus, citing delays in U.S. federal deal closures.
Spending EnvironmentCellebrite's 1QCY25 results highlighted constrained spending in the U.S. Federal vertical, which is expected to persist, affecting revenue performance.