CPSI Cuts FY23 Adjusted EBITDA Outlook From $59M-$63M To $52.5M-$54.5M
Portfolio Pulse from Benzinga Newsdesk
CPSI has reduced its FY23 adjusted EBITDA outlook from $59M-$63M to $52.5M-$54.5M.
August 09, 2023 | 9:39 pm
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CPSI has lowered its FY23 adjusted EBITDA outlook, which may negatively impact investor sentiment.
CPSI's reduction in its FY23 adjusted EBITDA outlook could be seen as a negative signal by investors, potentially leading to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100