Global-e Online Raises FY23 Revenue Outlook From $557M - $584M To $562M - $590M Vs. $577.77M Est.
Portfolio Pulse from Benzinga Newsdesk
Global-e Online has raised its FY23 revenue outlook from $557M-$584M to $562M-$590M, compared to the previous estimate of $577.77M.
May 22, 2023 | 11:03 am
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Global-e Online (GLBE) has raised its FY23 revenue outlook, which may positively impact its stock price in the short term.
Global-e Online has increased its FY23 revenue outlook, which indicates that the company expects better financial performance in the future. This news is likely to be seen as positive by investors, potentially leading to an increase in the stock price in the short term.
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