Nogin Sees FY23 Revenue $50M-$55M Vs $79.24M Est
Portfolio Pulse from Benzinga Newsdesk
Nogin has projected its FY23 revenue to be between $50M-$55M, which is significantly lower than the estimated $79.24M.
August 14, 2023 | 8:08 pm
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NEGATIVE IMPACT
Nogin's FY23 revenue projection is considerably lower than the estimated $79.24M, which could negatively impact investor sentiment.
Nogin's projected revenue for FY23 is significantly lower than the estimated $79.24M. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100