04:46 PM EDT, 09/03/2024 (MT Newswires) -- OneStream ( OS ) reported a Q2 non-GAAP operating loss late Tuesday of $8.67 million compared with the loss of $13.3 million a year earlier.

Revenue in the quarter ended June 30 rose to $117.5 million from $86.5 million a year earlier.

Analysts surveyed by Capital IQ expected $117 million.

In Q3, the company expects per-share non-GAAP results ranging from a loss of $0.01 to a profit of $0.01 on revenue of $123 million to $125 million. Analysts polled by Capital IQ expect breakeven on revenue of $123.6 million.

In 2024, OneStream ( OS ) expects a non-GAAP range of a loss of $0.05 a share to a profit of $0.01 on revenue of $476 million to $480 million. Analysts surveyed by Capital IQ expect a loss of $0.02 on revenue of $477.2 million.

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