Cellebrite DI Ltd (NAS:CLBT)

Q4 2024 Cellebrite DI Ltd Earnings Call Transcript

Feb 13, 2025 / 01:30PM GMT

Release Date Price: $21.7 (-12.92%)

Transcript

Key Points

Positve

Cellebrite DI Ltd (CLBT) exceeded its original revenue and adjusted EBITDA targets for 2024, delivering at the higher end of ARR expectations.
The company achieved a Rule of 50 performance with 25% ARR growth and 25% adjusted EBITDA margins.
Cellebrite DI Ltd (CLBT) generated $122 million in free cash flow in 2024, showcasing strong cash generation.
The company reported significant growth in its Guardian and Pathfinder solutions, with Guardian ARR generating triple-digit percentage growth year-over-year.
Cellebrite DI Ltd (CLBT) achieved FedRAMP ready status, enhancing its potential to expand within the US federal sector.

Negative

The CEO search is ongoing, with no specific timeline for the appointment of a new leader.
There are modest headwinds due to geopolitical changes and regime disruptions in the US and Europe.
The company faces challenges in expanding its customer base in certain countries, impacting growth retention rates.
Cellebrite DI Ltd (CLBT) anticipates a modest impact on Q1 2025 results due to decisions to exit certain countries.
The magnitude of the EBITDA beat in Q4 2024 was lower than in previous quarters, with guidance for Q1 2025 in line with expectations.

Operator

Welcome to the Cellebrite fourth-quarter and full-year 2024 financial results conference call. (Operator Instructions)

I would now like to turn the call over to your first speaker today, Mr. Andrew Kramer. Mr. Kramer, the floor is yours.

Andrew Kramer

Cellebrite DI Ltd - Vice President, Investor Relations

Thank you, Jim, and, welcome, everybody to Cellebrite's fourth-quarter and full-year 2024 financial results call. I'm joined today at our headquarters just outside of Tel Aviv by our primary speakers: Tom Hogan, Cellebrite's Interim CEO; and Dana Gerner, Celebrite CFO. Ronnen Armon, our Chief Products and Technology Officer; and Marcus Jewell, our Chief Revenue Officer, will be available during the Q&A. There's a slide presentation that accompanies our prepared remarks. Please advance the slides in the webcast viewer to follow our commentary. We will call out the slide number we're referring to in our remarks. The call is being recorded and a replay of the recording will be made available on our website shortly after the call along with the

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.