Bragg Gaming Reiterates Its 2024 Guidance Sees Revenue Of €102M-€109M ($109.7M-$117.2M) Vs. €105.635M Consensus, And Adjusted EBITDA Of €15.2M-€18.5M ($16.3M-$19.9M)
Portfolio Pulse from Benzinga Newsdesk
Bragg Gaming has reaffirmed its financial guidance for the full year 2024, projecting revenues between €102M-€109M ($109.7M-$117.2M) and Adjusted EBITDA between €15.2M-€18.5M ($16.3M-$19.9M), aligning with consensus estimates.
May 09, 2024 | 11:22 am
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POSITIVE IMPACT
Bragg Gaming reiterates its 2024 revenue and EBITDA guidance, indicating confidence in its financial outlook and operational stability.
Reiterating financial guidance, especially when it aligns with consensus estimates, typically instills confidence in investors about the company's future performance and operational stability. This announcement from Bragg Gaming is likely to have a positive impact on investor sentiment and potentially the stock price in the short term, as it reaffirms the company's growth trajectory and financial health.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100