GoodRx Expects Q3 Total Revenue Of $186M-$190M, Est. $192.58M; Posted $187.3M Last Year
Portfolio Pulse from Benzinga Newsdesk
GoodRx has projected its Q3 total revenue to be between $186M and $190M, which is lower than the estimated $192.58M. The company reported a revenue of $187.3M in the same quarter last year.
August 09, 2023 | 10:05 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
GoodRx's projected Q3 revenue is lower than the estimated $192.58M and slightly lower than last year's Q3 revenue of $187.3M.
GoodRx's lower than expected revenue projection for Q3 could negatively impact its stock price in the short term. Investors often react to earnings projections, and a lower than expected projection could lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100