Magic Software Enterprises Reiterates FY24 Revenue $540M-$550M
Portfolio Pulse from Benzinga Newsdesk
Magic Software Enterprises has reiterated its revenue guidance for FY24, expecting to achieve between $540 million and $550 million.
May 16, 2024 | 12:38 pm
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Magic Software Enterprises has reiterated its revenue guidance for FY24, expecting to achieve between $540 million and $550 million.
Reiterating revenue guidance suggests confidence in meeting financial targets, which is generally positive for investor sentiment and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100