Rush Street Interactive Sees FY23 Revenue $665M-$685M Vs $674.34M Est.
Portfolio Pulse from Benzinga Newsdesk
Rush Street Interactive (RSI) has updated its FY23 revenue guidance to be between $665M and $685M, representing a 14% YoY growth compared to 2022's $592M. This guidance is based on the assumption that RSI will continue to operate in its current markets, excluding Connecticut.
November 01, 2023 | 8:42 pm
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POSITIVE IMPACT
Rush Street Interactive's updated FY23 revenue guidance indicates a positive growth trajectory, which could potentially boost investor confidence and positively impact the stock price in the short term.
The updated revenue guidance shows a positive growth trajectory for RSI, which is a strong indicator of the company's performance. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, a rise in its price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100