SYLA Technologies Updates FY23 Revenue Guidance From ¥24.7B-¥26.7B To ¥22.5B
Portfolio Pulse from Benzinga Newsdesk
SYLA Technologies has revised its FY23 revenue guidance downwards from the initial range of ¥24.7 billion to ¥26.7 billion to a new estimate of ¥22.5 billion.
December 13, 2023 | 2:20 pm
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SYLA Technologies has lowered its revenue guidance for FY23, which may negatively impact investor sentiment and the stock price in the short term.
A downward revision in revenue guidance is typically seen as a negative indicator of a company's future performance and can lead to a decrease in stock price as it may reflect underlying business challenges or a weaker market demand.
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IMPORTANCE 90
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