Quipt Announces Multi-State Acquisition Adding Approximately $9M In Annualized Revenues, And Anticipated $2M In Adjusted EBITDA Post Integration
Portfolio Pulse from Benzinga Newsdesk
Quipt has announced a multi-state acquisition that is expected to add approximately $9M in annualized revenues. The company also anticipates an increase of $2M in adjusted EBITDA post integration.
September 11, 2023 | 11:37 am
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Quipt's multi-state acquisition is expected to boost its annual revenues by $9M and increase its adjusted EBITDA by $2M post integration.
The acquisition is expected to significantly increase Quipt's annual revenues and adjusted EBITDA, which could lead to a positive impact on its stock price in the short term.
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