Priority Technology Cuts 2023 Revenue Forecast From $765M-$780M To $755M-$765M
Portfolio Pulse from Benzinga Newsdesk
Priority Technology has revised its 2023 revenue forecast downwards from $765M-$780M to $755M-$765M.
November 09, 2023 | 12:38 pm
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Priority Technology has lowered its 2023 revenue forecast, which may negatively impact investor sentiment.
The downward revision of the revenue forecast is a negative signal to investors, as it indicates that the company may not perform as well as previously expected. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100