WideOpenWest Expects Q1 Total Revenue Of $159M-$162M Vs. $164.93M Estimate, Sees Adjusted EBITDA Of $64M-$67M
Portfolio Pulse from Benzinga Newsdesk
WideOpenWest (WOW) forecasts Q1 total revenue to be between $159M-$162M, falling short of the estimated $164.93M. The company also anticipates its adjusted EBITDA to range from $64M-$67M.
March 13, 2024 | 11:09 am
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WideOpenWest forecasts lower-than-expected Q1 revenue and provides adjusted EBITDA guidance.
The projected revenue falling short of the estimated figures suggests potential underperformance in the market, which could lead to a negative short-term impact on the stock price. The guidance on adjusted EBITDA further emphasizes the financial outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100