Edgio Sees 2023 Revenue $392M-$398M vs $405.16M Est.
Portfolio Pulse from Benzinga Newsdesk
Edgio has projected its 2023 revenue to be between $392M and $398M, which is lower than the estimated $405.16M.
August 15, 2023 | 12:39 pm
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NEGATIVE IMPACT
Edgio's projected 2023 revenue is lower than the estimated $405.16M, which could negatively impact investor sentiment.
Edgio's projected 2023 revenue is lower than the estimated $405.16M. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100