ACV Auctions Sees FY24 Revenue $610M-$625M Vs $582.430M Est.
Portfolio Pulse from Benzinga Newsdesk
ACV Auctions projects its FY24 revenue to be between $610M and $625M, surpassing the estimated $582.430M.
February 21, 2024 | 9:46 pm
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ACV Auctions anticipates FY24 revenue to exceed expectations, projecting $610M-$625M against a $582.430M estimate.
ACV Auctions' projection of higher than expected revenue for FY24 suggests a positive outlook on the company's financial performance and growth trajectory. This news is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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