Aeries Technology Sees FY24 Revenue Between $95M-105M
Portfolio Pulse from Benzinga Newsdesk
Aeries Technology has reiterated its financial guidance for FY24, expecting revenue between $95M-105M and adjusted EBITDA between $16M-20M.
February 21, 2024 | 9:53 pm
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Aeries Technology expects FY24 revenue between $95M-105M and adjusted EBITDA between $16M-20M.
Reiterating financial guidance often signals confidence in the company's future performance. For Aeries Technology, maintaining its revenue and EBITDA forecasts for FY24 suggests a positive outlook, likely to be well-received by investors. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100