Green Dot Reaffirms FY23 Adjusted EBITDA $182M-$188M, Down 23% YoY
Portfolio Pulse from Benzinga Newsdesk
Green Dot Corporation has reaffirmed its FY23 Adjusted EBITDA to be between $182M-$188M, which represents a 23% decrease year-over-year.
August 04, 2023 | 2:34 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Green Dot Corporation's reaffirmed FY23 Adjusted EBITDA is expected to decrease by 23% YoY, which could negatively impact the company's stock price.
Green Dot Corporation's reaffirmed FY23 Adjusted EBITDA is expected to decrease by 23% YoY. This decrease in earnings before interest, taxes, depreciation, and amortization could indicate a decrease in profitability, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100