Vroom Updates 2023 Adjusted EBITDA Outlook To $(245.0)M- $(225.0)M Vs Prior View Of $(225.0M)- $(200.0)M
Portfolio Pulse from Benzinga Newsdesk
Vroom has updated its 2023 adjusted EBITDA outlook to a loss of between $245.0 million and $225.0 million, compared to its previous forecast of a loss between $225.0 million and $200.0 million.
November 07, 2023 | 10:11 pm
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Vroom's updated 2023 adjusted EBITDA outlook indicates a larger loss than previously forecasted, which could negatively impact investor sentiment.
Vroom's updated EBITDA outlook for 2023 shows a larger loss than previously expected. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100