GoodRx Sees Prelim. FY23 Adj. Revenue $759M-$761M; Consensus Est. $744.26M
Portfolio Pulse from Benzinga Newsdesk
GoodRx has announced preliminary adjusted revenue for FY23 to be between $759M-$761M, surpassing the consensus estimate of $744.26M.
January 10, 2024 | 2:04 pm
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POSITIVE IMPACT
GoodRx's preliminary FY23 adjusted revenue forecast exceeds consensus estimates, indicating stronger than expected financial performance.
GoodRx's announcement of a higher than expected revenue forecast for FY23 is likely to be viewed positively by investors. This outperformance compared to consensus estimates typically leads to increased investor confidence and can result in a short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100