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Celebrus Technologies shares drop 29% after cutting full-year outlook due to slower sales and customer loss

Company Fundamentals
06 Oct 2026
Proactive Investors
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Bearish
Celebrus Technologies shares drop 29% after cutting full-year outlook due to slower sales and customer loss

Celebrus Technologies PLC saw its shares fall 29% after lowering its full-year financial outlook. The company now expects an adjusted loss before tax of $2.8 million to $3.0 million for the year ending March 2027, significantly wider than the market's $0.9 million loss forecast. Revenue is also forecasted below expectations at up to $20.5 million versus the $23.7 million consensus. The downgrade is attributed to slower deal closures and the loss of a key customer, which the company admits was due to imperfect execution. Despite these challenges, Celebrus remains debt-free but experienced a cash decline to $22.3 million, partly due to shareholder returns and operational outflows.

Celebrus Technologies reported a forecasted adjusted loss before tax of $2.8 million to $3.0 million for the year ending March 2027, wider than the market's $0.9 million loss forecast. For readers following Technology-sector US stocks, here is Pluang's market snapshot as of Oct 06, 2026 14:21 WIB: out of 150 priced stocks, 110 rose and 35 fell today. Notable movers include Godaddy Inc (GDDY) at USD 99.54 with a 1-day change of +2.44%, VNET Group Inc (VNET) at USD 5.57 with a 1-day change of +2.30% and a typical hold time on Pluang of 15 days, and Workiva Inc (WK) at USD 72.76 with a 1-day change of +2.15%.

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