1847 Projects Revenue Of ~$20M For Q2 2023 Representing A 54% Increase YoY; Reaffirming 2023 Revenue Guidance To Exceed $90M
Portfolio Pulse from Happy Mohamed
1847 Holdings LLC (NYSE:EFSH) has provided preliminary revenue guidance for Q2 2023, projecting revenues of approximately $20 million, a 54% YoY increase. The company also reaffirmed its 2023 revenue guidance to exceed $90 million.
July 10, 2023 | 12:34 pm
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POSITIVE IMPACT
1847 Holdings' projected 54% YoY increase in Q2 2023 revenues and reaffirmed 2023 revenue guidance could positively impact its stock in the short term.
The company's strong projected revenue growth and reaffirmed guidance indicate a positive outlook, which could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100