Ecovyst Reiterates FY24 Revenue Outlook Of $715M-$755M; Sees Adjusted EBITDA Of $255M-$275M
Portfolio Pulse from Benzinga Newsdesk
Ecovyst has reaffirmed its fiscal year 2024 revenue forecast to be in the range of $715 million to $755 million, with an expected adjusted EBITDA of $255 million to $275 million.
May 02, 2024 | 10:11 am
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Ecovyst reaffirms its FY24 revenue and adjusted EBITDA forecast, indicating strong future financial health.
Reaffirming revenue and EBITDA forecasts typically signals to investors that the company is on track to meet or exceed its financial targets, which can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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