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Cellebrite DI Ltd. - CLBT STOCK NEWS

Welcome to our dedicated page for Cellebrite DI Ltd. news (Ticker: CLBT), a resource for investors and traders seeking the latest updates and insights on Cellebrite DI Ltd. stock.

Cellebrite DI Ltd. (Nasdaq: CLBT) is an Israeli digital intelligence company renowned for delivering comprehensive tools and solutions to federal, state, and local law enforcement, as well as enterprise companies and service providers. The company’s offerings assist in the collection, review, analysis, and management of digital data.

Core Business: Cellebrite's suite of products includes the UFED series for data extraction from mobile devices, Physical Analyzer for deep digital data analysis, UFED Cloud for cloud data retrieval, Frontliner, Responder, Premium, and Seeker, each designed to serve different aspects of digital investigations.

Recent Achievements and Projects: Recently, Cellebrite has partnered with Coalfire to enable U.S. federal customers to access Cellebrite's SaaS technology. This collaboration is part of Cellebrite's ongoing efforts to achieve FedRAMP authorization, ensuring the highest standards of security and data compliance for its SaaS solutions.

Financial Condition: For the first quarter of 2024, the company reported strong financial performance with expanded business globally and improved profitability. Cellebrite has reaffirmed its optimistic outlook for the remainder of the year, expecting to drive substantial revenue and adjusted EBITDA growth.

Partnerships: Collaborating with cybersecurity leader Coalfire, Cellebrite aims to strengthen its FedRAMP authorization process, reflecting a commitment to robust security standards.

Products and Solutions: Cellebrite’s SaaS-based solutions, like Guardian and Endpoint Inspector SaaS, offer scalable, secure data management and evidence sharing, enhancing operational efficiency and collaboration between investigators. These solutions ensure consent-based data collection, adhering to ethical and legal standards.

Significance: Cellebrite’s mission is to protect and save lives, accelerate justice, and preserve privacy. Their digital investigative solutions empower organizations to master the complexities of legally sanctioned investigations, transforming data collection and analysis processes. Trusted globally, their platform is instrumental in advancing digital investigations for both public and private sectors.

News

Haim Shani Concludes Tenure at Cellebrite as Company Enters Next Growth Phase

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Cellebrite DI Ltd. (CLBT) announces the retirement of Haim Shani as a director, effective immediately. Mr. Shani, a distinguished member of the Board since 2019, had served as Chairman from August 2021 until August 2023. The company expresses gratitude for his contributions and looks forward to continuing its growth and market leadership.
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Cellebrite Announces Fourth-Quarter 2023 Results

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Cellebrite (CLBT) reports record ARR of $315.7 million, up 27% year-over-year, with Q4 revenue of $93.0 million, up 26%. The company surpassed 'Rule of 45' with 27% ARR growth and 19% adjusted EBITDA margin in 2023, showcasing strong financial performance.
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Cellebrite Revolutionizes Investigative Workflow with Groundbreaking End-to-End Platform to Solve More Cases Faster

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Cellebrite DI Ltd. (Nasdaq: CLBT) announced Case-to-Closure (C2C), an expanded end-to-end platform for examiners and investigators to solve cases faster and more defensibly to accelerate justice around the world. The platform offers multiple breakthrough technology solutions, including enhanced digital forensics software, workflow automation, data connection enhancements, and secure evidence storage. These innovations aim to reduce examination time, increase efficiency, and provide a complete view of investigation data, ultimately accelerating investigations and protecting more lives across global communities.
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Operation Find Them All: Cellebrite Unites Philanthropic Pioneers to Accelerate Investigations of Crimes Against Children

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Cellebrite DI Ltd. (Nasdaq: CLBT) announces a collaboration with the National Center of Missing and Exploited Children, The Exodus Road, and Raven to accelerate investigations of online crimes against children through a new campaign titled Operation Find Them All (OFTA). Cellebrite's financial investment and technology support aims to dismantle child exploitation and child sex trafficking rings, with a focus on providing law enforcement with advanced digital investigative capabilities and innovative tools.
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Cellebrite Announces Participation in the 26th Annual Needham Growth Conference

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Cellebrite (NASDAQ: CLBT) will participate in the upcoming 26th Annual Needham Growth Conference on January 18, 2024. The presentation will be in the form of a fireside chat at 1:30 p.m. ET. Executives Dana Gerner, chief financial officer, and Andrew Kramer, vice president of investor relations, will represent the company.
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Cellebrite to Report Fourth-Quarter and Fiscal Year 2023 Financial Results on February 15, 2024

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Cellebrite (NASDAQ: CLBT) to Report Q4 2023 and FY23 Financial Results on February 15, 2024
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One of the Largest Police Departments in the U.S. Doubles Down with Cellebrite Digital Forensic Technology

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Cellebrite DI Ltd. (Nasdaq: CLBT) announced a nearly one-million-dollar agreement with a large local police department in the United States to expand their relationship. This investment will allow the agency to deploy a broader range of Cellebrite’s Digital Intelligence solutions, including Cellebrite Pathfinder, to transform the end-to-end investigative workflow. The solutions aim to help law enforcement close cases faster, smarter, and more efficiently by automating data analysis and visualization to help investigators and examiners locate points of interest in digital evidence crimes across various crime types. The investment represents an important step in helping the local law enforcement agency in its efforts to keep its citizens safer and reduce crime rates, especially for violent offenses.
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Cellebrite Showcases Innovations in Digital Intelligence at Milipol 2023

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Cellebrite DI Ltd. (CLBT) showcased its digital intelligence solutions at the Milipol event in Paris, engaging with law enforcement professionals from over 100 countries. The company's senior leadership discussed best practices, demonstrated its powerful digital intelligence solution, Pathfinder, and presented its latest innovation, Smart Search, leveraging public data for investigations.
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Cellebrite Announces Third-Quarter 2023 Results

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Cellebrite (NASDAQ: CLBT) reports record revenue of $84.2 million, a 17% year-over-year increase, driven by a 32% growth in subscription revenue. The company also achieved a record ARR of $295.2 million, up 27% year-over-year, and a record adjusted EBITDA of $20.8 million with a 24.7% margin. Cellebrite raised its 2023 ARR and adjusted EBITDA outlook, as well as the mid-point for expected 2023 revenue range.
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Cellebrite Continues Global Growth with Appointment of First Global Chief Revenue Officer, Marcus Jewell

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Cellebrite DI Ltd. (Nasdaq: CLBT) appoints Marcus Jewell as Global Chief Revenue Officer (CRO), effective November 15, 2023. Mr. Jewell will oversee worldwide sales for both public and private sectors, operating from Cellebrite’s American headquarters in Tysons Corner, Virginia. With over 25 years of experience in senior-level sales and management, including a five-year stint at Juniper Networks, his hiring underscores Cellebrite's commitment to recruiting outstanding talent and advancing innovative technology in the field of digital intelligence.
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FAQ

What is the current stock price of Cellebrite DI Ltd. (CLBT)?

The current stock price of Cellebrite DI Ltd. (CLBT) is $22.52 as of December 20, 2024.

What is the market cap of Cellebrite DI Ltd. (CLBT)?

The market cap of Cellebrite DI Ltd. (CLBT) is approximately 4.6B.

What does Cellebrite DI Ltd. specialize in?

Cellebrite DI Ltd. specializes in providing digital intelligence tools for data collection, review, analysis, and management to law enforcement agencies and enterprise companies.

What are some of the key products offered by Cellebrite?

Key products include Cellebrite UFED, Physical Analyzer, UFED Cloud, Frontliner, Responder, Premium, and Seeker.

What recent collaboration has Cellebrite engaged in?

Cellebrite recently collaborated with Coalfire to enhance security and data compliance for U.S. federal customers through SaaS technology.

What are Cellebrite's financial expectations for 2024?

Cellebrite expects to drive solid annual recurring revenue and adjusted EBITDA growth, particularly in the second half of 2024.

How does Cellebrite ensure the security of its solutions?

Cellebrite partners with cybersecurity leaders and adheres to robust security and data compliance standards, as demonstrated by their FedRAMP authorization efforts.

What is Cellebrite's mission?

Cellebrite’s mission is to protect and save lives, accelerate justice, and preserve privacy through its digital investigative solutions.

Who are the typical users of Cellebrite’s products?

Typical users include federal, state, and local law enforcement agencies, enterprise companies, and service providers involved in digital investigations.

What makes Cellebrite’s SaaS solutions unique?

Cellebrite’s SaaS solutions, such as Guardian and Endpoint Inspector SaaS, provide scalable, secure, and consent-based data collection and management for efficient digital investigations.

Where can investors find detailed financial information about Cellebrite?

Investors can find detailed financial information on Cellebrite’s investor relations website at https://investors.cellebrite.com.

How does Cellebrite contribute to digital investigations?

Cellebrite’s platform and solutions streamline the process of collecting, analyzing, and managing digital data, making it easier for investigators to handle complex digital cases.

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Cellebrite DI Ltd.

Nasdaq:CLBT

CLBT Rankings

#1330 Ranked by Market Cap
N/A Ranked by Dividends

CLBT Stock Data

4.63B
101.02M
46.79%
52.95%
0.81%
Software - Infrastructure
Technology
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United States of America
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