Castellum Says Company Is Now Well Positioned To Execute On Its 2024 Budget Starting January; For 2024 Projects $50M In Revenue (Consensus: $57.9M) And $3.5M In Recurring Cash Operating Profit
Portfolio Pulse from Benzinga Newsdesk
Castellum has announced that it is well positioned to execute on its 2024 budget starting from January. The company projects $50M in revenue and $3.5M in recurring cash operating profit for 2024, which is below the consensus estimate of $57.9M.
October 20, 2023 | 10:54 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Castellum's projected revenue for 2024 is below the consensus estimate, which could potentially impact the company's stock price.
Castellum's projected revenue for 2024 is lower than the consensus estimate. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100