Advantage Solutions Reaffirms FY24 With Revenue And Adj. EBITDDA Growth In Range Of Low Single Digits, Excluding The In-Year Impact Of The Completed Divestitures On FY24 Results
Portfolio Pulse from Benzinga Newsdesk
Advantage Solutions has reaffirmed its fiscal year 2024 guidance, expecting revenue and adjusted EBITDA growth in the low single digits. This forecast excludes the impact of divestitures completed within the fiscal year.

May 09, 2024 | 11:20 am
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Advantage Solutions reaffirms its FY24 outlook with expected low single-digit growth in revenue and adjusted EBITDA, excluding the effects of this year's divestitures.
Reaffirming fiscal year guidance typically instills confidence in investors, suggesting stability and potential growth despite divestitures. This positive outlook, especially in key financial metrics like revenue and EBITDA, is likely to have a favorable impact on investor sentiment and, consequently, on the stock price in the short term.
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