Vivid Seats Increases FY23 Revenue From $630M-$650M To $685M-$705M Vs $643.41M Est.
Portfolio Pulse from Benzinga Newsdesk
Vivid Seats has increased its FY23 revenue forecast from $630M-$650M to $685M-$705M, surpassing the estimated $643.41M.

November 07, 2023 | 1:43 pm
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POSITIVE IMPACT
Vivid Seats, listed as SEAT, has raised its FY23 revenue forecast, which is now higher than the previous estimate.
Vivid Seats has increased its revenue forecast for FY23, which is a positive signal for the company's future performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100