Tremor International Sees FY23 Adj EBITDA Of $80M - $85M
Portfolio Pulse from Benzinga Newsdesk
Tremor International projects its FY23 adjusted EBITDA to be between $80 million and $85 million.
November 22, 2023 | 11:33 am
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POSITIVE IMPACT
Tremor International anticipates its adjusted EBITDA for the fiscal year 2023 to range from $80 million to $85 million.
The projection of adjusted EBITDA by Tremor International is a positive indicator of the company's financial health and operational efficiency. This guidance is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price. The importance is rated high as EBITDA is a key metric used by investors to gauge a company's profitability. The confidence level is not at the maximum because the actual performance can still vary from projections.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100