BurgerFi International Reiterates FY23 Revenues Of $175M-180M , Adjusted EBITDA of $10M-$12M
Portfolio Pulse from Benzinga Newsdesk
BurgerFi International Inc (NASDAQ:BFI) has reiterated its FY23 revenue guidance of $175M-$180M and adjusted EBITDA of $10M-$12M. The company believes it will come in at the low end of the previously stated guidance.

August 16, 2023 | 11:09 am
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BurgerFi International Inc (NASDAQ:BFI) has reiterated its FY23 revenue guidance of $175M-$180M and adjusted EBITDA of $10M-$12M. The company expects to hit the lower end of the guidance.
BurgerFi's reiteration of its FY23 revenue and EBITDA guidance indicates that the company's financial performance is in line with its expectations. However, the company's belief that it will hit the lower end of the guidance could potentially indicate some uncertainty in its future performance. This could have a neutral impact on the stock as it does not represent a change from previous expectations.
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