System1 Sees Q2 Revenue $146M-$149M Vs $214.5M Est.
Portfolio Pulse from Benzinga Newsdesk
System1 expects its Q2 revenue to be between $146M and $149M, which is significantly lower than the estimated $214.5M.
July 03, 2023 | 1:10 pm
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NEGATIVE IMPACT
System1's lower than expected Q2 revenue forecast may negatively impact its stock price in the short term.
System1's Q2 revenue forecast is significantly lower than estimates. This could lead to a negative market reaction, potentially causing a decrease in the stock price of SST in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100