Priority Technology Holdings Expects FY23 Revenue $765M-$780M (Prior $740M-$755M) Vs $749.83M Est
Portfolio Pulse from Benzinga Newsdesk
Priority Technology Holdings has revised its FY23 revenue forecast to $765M-$780M, up from the previous estimate of $740M-$755M. This is higher than the estimated $749.83M.
August 10, 2023 | 11:32 am
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POSITIVE IMPACT
Priority Technology Holdings has increased its FY23 revenue forecast, which is now higher than the market estimate. This could potentially lead to a positive market reaction.
Companies that raise their revenue forecasts are often viewed positively by the market, as it indicates better-than-expected performance. This could lead to an increase in the stock price of PRTH in the short term.
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RELEVANCE 100