LanzaTech Sees FY24 Revenue $90M-$105M Vs $95.195M Estimate, adjusted EBITDA of $(65)M To $(55)M
Portfolio Pulse from Benzinga Newsdesk
LanzaTech projects its FY24 revenue to be between $90M-$105M, which is around the current estimate of $95.195M. The company also forecasts an adjusted EBITDA of between $(65)M to $(55)M.
May 09, 2024 | 12:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
LanzaTech projects FY24 revenue to be in the range of $90M-$105M, aligning with analyst estimates, and anticipates an adjusted EBITDA of $(65)M to $(55)M.
LanzaTech's revenue forecast is closely aligned with current analyst estimates, indicating a neutral short-term impact on its stock price. The projected EBITDA, while negative, is within expectations for a company in its growth phase, suggesting no immediate concern for investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100