HCA SaaS Update February: Outlook for 2024 – is it pessimistic or just cautious?
The HCA SaaS newsletter for February 2024 has been sent out today. The newsletter covers some of the recent news from the Danish SaaS sector and insights from the US SaaS sector.
We take a look at the reported 2023 numbers and, more importantly, what the outlook is for 2024. Without concluding too much, it still looks like the growth is challenged for many companies that are positioned in end markets with lower growth perspectives than what they have been used to. The earnings season is not over yet; however, the first impressions are that the 2024 outlook reflects either some pessimism or at least cautiousness.
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Disclaimer: HC Andersen Capital receives payment from some of the mentioned SaaS companies (Agillic, Impero, MapsPeople, OrderYOYO, and Penneo) for a Digital IR/Corporate Visibility subscription agreement. /Kasper Lihn 18:00, 13 March 2024.