Despegar.com Reaffirms Its 2023 Annual Guidance; Revenue Of $640M-$700M (Est. $669.48M), Adjusted EBITDA Of $80M-$100M
Portfolio Pulse from Benzinga Newsdesk
Despegar.com has reaffirmed its 2023 annual guidance, expecting revenue of $640M-$700M, with an estimated average of $669.48M. The company also anticipates an adjusted EBITDA of $80M-$100M.
August 17, 2023 | 10:04 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Despegar.com's reaffirmation of its 2023 guidance may instill confidence in investors, potentially leading to a positive impact on its stock price.
Reaffirming guidance is generally seen as a positive sign by investors as it indicates that the company is confident in its ability to meet its financial targets. This could lead to increased investor confidence in Despegar.com, potentially driving up its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100