SelectQuote Expects FY24 Revenue of $1.25B-$1.3B (Prior $1.23B-$1.3B) Vs $1.27B Est
Portfolio Pulse from Benzinga Newsdesk
SelectQuote has updated its FY24 revenue guidance to $1.25B-$1.3B, up from the previous $1.23B-$1.3B, with a narrower net loss and increased Adjusted EBITDA forecast.
May 09, 2024 | 11:34 am
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SelectQuote raises FY24 revenue guidance to $1.25B-$1.3B and forecasts a narrower net loss and higher Adjusted EBITDA.
Raising revenue guidance and improving profitability forecasts typically signal stronger business performance and financial health, which can positively influence investor sentiment and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100