Barnes & Noble Education Maintains 2024 Guidance Of Non-GAAP Adjusted EBITDA From Continuing Operations Of ~$40M
Portfolio Pulse from Benzinga Newsdesk
Barnes & Noble Education (BNED) is maintaining its fiscal year 2024 guidance for consolidated non-GAAP Adjusted EBITDA from Continuing Operations at approximately $40 million.
March 13, 2024 | 5:48 am
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Barnes & Noble Education maintains its FY2024 guidance for non-GAAP Adjusted EBITDA from Continuing Operations at around $40 million.
Maintaining guidance often signals to investors that the company is on track to meet its financial targets, which can be viewed positively. It suggests stability and confidence in the company's operational and financial planning. For BNED, reaffirming its fiscal year 2024 guidance could reassure investors and potentially have a positive impact on its stock price in the short term.
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IMPORTANCE 80
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