MeridianLink Sees Q3 Revenue $76M-$78M vs $78.01M Est., Sees FY23 Revenue $302M-$306M vs $310.51M Est.
Portfolio Pulse from Benzinga Newsdesk
MeridianLink has projected its Q3 revenue to be between $76M-$78M, which is slightly below the estimated $78.01M. The company also forecasts its FY23 revenue to be between $302M-$306M, lower than the estimated $310.51M.
August 04, 2023 | 10:34 am
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MeridianLink's lower than expected revenue projections for Q3 and FY23 may negatively impact its stock price in the short term.
MeridianLink's projected revenues for Q3 and FY23 are below the estimated figures. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
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IMPORTANCE 80
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