Rategain’s second-quarter results were broadly in line with Street estimates in terms of revenue, showing robust margin expansion. However, the company has reduced its FY25 revenue growth outlook to 15% year-on-year, down from 20% growth in the same period a year earlier.
The guidance cut is a combination of the following cyclical and structural factors including:
1) loss of a large mid-market hotel chain (4% of revenues) in the MarTech segment due to M&A
(2) weak order bookings due to delayed decision-making by clients
(3) normalisation of travel demand in the US
(4) pricing…
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