New Fortress Energy shares are trading higher after the company reported better-than-expected Q3 revenue results and reaffirmed FY23 and FY24 adjusted EBITDA guidance.
Portfolio Pulse from Benzinga Newsdesk
New Fortress Energy reported better-than-expected Q3 revenue results and reaffirmed its FY23 and FY24 adjusted EBITDA guidance, leading to a rise in its share prices.
November 08, 2023 | 4:17 pm
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POSITIVE IMPACT
New Fortress Energy's better-than-expected Q3 revenue and reaffirmed future guidance has led to a positive impact on its stock price.
New Fortress Energy's Q3 revenue exceeded expectations, and the company reaffirmed its FY23 and FY24 adjusted EBITDA guidance. This positive financial performance and future outlook have likely boosted investor confidence, leading to a rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100