CompoSecure Sees FY23 Revenue $386M-$392M Vs $405.92M Est.
Portfolio Pulse from Benzinga Newsdesk
CompoSecure has projected its FY23 revenue to be between $386M and $392M, which is lower than the estimated $405.92M.
November 09, 2023 | 10:52 pm
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NEGATIVE IMPACT
CompoSecure's FY23 revenue forecast is lower than the estimated $405.92M, which could negatively impact investor sentiment.
CompoSecure's lower than expected revenue forecast for FY23 could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100