MoneyLion Sees Q2 Revenue $125M-$130M Vs $126.94M Est.;
Portfolio Pulse from Benzinga Newsdesk
MoneyLion expects Q2 2024 revenue to be between $125M-$130M, indicating a 17-22% growth compared to Q2 2023. The company also forecasts an Adjusted EBITDA of $17M-$20M, which would represent a margin of 13.1-16.0%, significantly higher than the 8.7% margin in Q2 2023.
May 07, 2024 | 11:37 am
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MoneyLion expects a significant revenue growth and an increase in Adjusted EBITDA margin for Q2 2024, indicating strong financial performance.
The expected revenue growth and improved Adjusted EBITDA margin for MoneyLion in Q2 2024 suggest a strong financial performance. This positive outlook is likely to be viewed favorably by investors, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100