Paysafe Limited Reiterated FY23 Revenue of $1.595B-$1.608B Vs $1.6B Est
Portfolio Pulse from Benzinga Newsdesk
Paysafe Limited has reiterated its full year 2023 revenue guidance, expecting to generate between $1.595 billion and $1.608 billion. This forecast aligns with the estimated $1.6 billion anticipated by analysts. The company also provided guidance for adjusted EBITDA, projecting it to be in the range of $454 million to $462 million.
November 14, 2023 | 11:58 am
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Paysafe Limited has confirmed its revenue guidance for FY23, which is consistent with analyst expectations, and has provided an adjusted EBITDA range.
Paysafe's reiteration of its revenue guidance suggests stability and confidence in meeting its financial targets, which is generally a positive signal to investors. However, since the guidance matches current analyst estimates and does not exceed expectations, the short-term impact on the stock price is likely to be neutral. The provided information does not indicate a significant deviation from what the market has already priced in.
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