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Nogin Inc - NOGNW STOCK NEWS

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

Nogin (symbol: NOGNW) is the Intelligent Commerce company that provides enterprise-class ecommerce technology and services for brand leaders seeking superior growth with predictable costs and exceptional online experiences. Founded in 2010, Nogin's Intelligent Commerce technology is purpose-built for brands selling direct-to-consumer (D2C) and business-to-business (B2B), optimizing the entire ecommerce lifecycle for various brands like Giordano’s Pizza, bebe, Hurley, and Kenneth Cole. Their cloud-based solution allows customers to focus on their business while Nogin handles the digital commerce infrastructure.

Rhea-AI Summary
Nogin, Inc. reported its financial and operational results for Q2 2023. Net revenue decreased 37.4% to $12.7 million. Operating loss increased to $10.4 million. Net loss increased 7.3% to $11.8 million. Adjusted EBITDA loss improved to $7.5 million. The company booked new business with over a dozen new customers projected to generate $27 million in revenue in the first year. The financial outlook for 2023 includes net revenue between $50 and $55 million and general and administrative expense reductions of $20-$25 million. 2024 net revenue is expected to increase by 40% compared to 2023.
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Nogin announces strategic alliance with RSM US LLP to deliver enhanced digital commerce solutions
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Nogin, Inc. has announced its schedule for May appearances and activities, including presentations and 1-on-1 meetings at the Houlihan Lokey Consumer, Food & Retail Conference, the 18th Annual Needham Technology and Media Conference, and the 23rd Annual B. Riley Securities Institutional Investor Conference.
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FAQ

What does Nogin offer as an Intelligent Commerce company?

Nogin provides enterprise-class ecommerce technology and services for brand leaders looking to achieve superior growth with predictable costs and an exceptional online experience.

When was Nogin founded and what is its focus?

Nogin was founded in 2010 and focuses on optimizing the entire ecommerce lifecycle for brands selling direct-to-consumer (D2C) and business-to-business (B2B).

Which brands have benefited from Nogin's Intelligent Commerce technology?

Various brands such as Giordano’s Pizza, bebe, Hurley, and Kenneth Cole have leveraged Nogin's cloud-based ecommerce solution for their digital commerce needs.

How does Nogin help its customers focus on their business?

Nogin allows its customers to concentrate on their core business activities by running as much or as little of the digital commerce infrastructure as they choose.

What sets Nogin apart in the ecommerce technology industry?

Nogin's Intelligent Commerce technology is designed to deliver superior growth, predictable costs, and exceptional online experiences for brand leaders.

Nogin Inc

Nasdaq:NOGNW

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