Bragg Gaming Reaffirms FY23 Guidance For Revenue $100.7M-$102.8M Vs. $140.07M Est.
Portfolio Pulse from Benzinga Newsdesk
Bragg Gaming has reaffirmed its FY23 guidance for revenue, which is expected to be between $100.7M and $102.8M. This is significantly lower than the estimated $140.07M.
November 09, 2023 | 12:10 pm
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NEGATIVE IMPACT
Bragg Gaming's reaffirmed FY23 revenue guidance is lower than the estimated $140.07M, which could negatively impact the company's stock price.
Bragg Gaming's reaffirmed revenue guidance for FY23 is significantly lower than the estimated $140.07M. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100