CI&T Sees FY23 Revenue Growth Of 4.0%-5.0%, Adjusted EBITDA Margin Of Atleast 19%
Portfolio Pulse from Benzinga Newsdesk
CI&T forecasts a revenue growth of 4.0%-5.0% for the fiscal year 2023, with an expected adjusted EBITDA margin of at least 19%.
November 17, 2023 | 12:23 pm
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CI&T anticipates a revenue increase of 4.0%-5.0% for FY23 and aims to maintain an adjusted EBITDA margin of at least 19%.
The positive revenue growth projection and a high adjusted EBITDA margin indicate a strong financial outlook for CI&T, which is likely to be viewed favorably by investors. This positive guidance could lead to increased investor confidence and a potential short-term uplift in the stock price of CI&T.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100