StateHouse Q1 Revenue Grows 42.8% YoY, Here Is What You Need To Know
Portfolio Pulse from Vuk Zdinjak
StateHouse Holdings Inc. reported Q1 2023 net revenue of $24.7 million, a 42.8% YoY increase. The company reduced operating expenses by $12 million annualized and expects to generate positive adjusted EBITDA and cash flow before the end of 2023.
May 31, 2023 | 2:30 pm
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StateHouse Holdings' Q1 2023 revenue increased 42.8% YoY, with reduced operating expenses and an expectation of positive EBITDA and cash flow by the end of 2023.
StateHouse Holdings reported strong Q1 2023 revenue growth of 42.8% YoY, along with reduced operating expenses and an expectation of positive EBITDA and cash flow by the end of 2023. This indicates a positive outlook for the company's financial performance, which is likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100