Nayax Reaffirming FY23 Revenue On A Constant Currency Basis To Be In The Range Of $235M-$240M
Portfolio Pulse from Benzinga Newsdesk
Nayax has reaffirmed its FY23 revenue outlook on a constant currency basis to be in the range of $235M-$240M, representing a YoY growth of at least 35%. The company also expects operating expenses to remain flat from Q4 2022 and has revised its adjusted EBITDA to a range between $4M-$7M in FY 2023. The outlook is based on continued execution of strategic growth plans, strong customer demand, and stable macroeconomic conditions.
November 07, 2023 | 1:54 pm
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POSITIVE IMPACT
Nayax's reaffirmed FY23 revenue outlook and revised EBITDA projection indicate a positive financial performance for the company. This could potentially lead to an increase in the company's stock price in the short term.
Nayax's reaffirmed revenue outlook and revised EBITDA projection for FY23 indicate that the company is expecting a strong financial performance. This could potentially lead to an increase in investor confidence and a subsequent rise in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100