Nogin reports first quarter 2023 financial and operational results

Cost-optimization and commercial initiatives build foundation for future profitable growth company expects to be cash flow positive during q2 and for the rest of 2023; adjusted ebitda positive for second half 2023 record quarterly customer wins highlight robust demand and strong sales pipeline nogin updates full year 2023 and 2024 outlook; projects 2024 non-gaap revenue growth of greater than 40% compared to full year 2023 and 2024 adjusted ebitda margins greater than 10% tustin, calif., may 15, 2023 (globe newswire) -- nogin (nasdaq: nogn, nognw) (“nogin” or the “company”), a leading provider of innovative commerce-as-a-service (“caas”), today reported its financial results for the first quarter ended march 31, 2023.
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