CI&T Expects FY24 Net Revenue Growth At Constant Currency Of -2.5% To +2.5% Y/Y
Portfolio Pulse from Benzinga Newsdesk
CI&T has announced its expectations for FY24 net revenue growth at constant currency, projecting a range between -2.5% to +2.5% year-over-year.
May 22, 2024 | 11:30 am
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NEUTRAL IMPACT
CI&T has provided a forecast for FY24 net revenue growth at constant currency, expecting it to range from -2.5% to +2.5% year-over-year. This indicates potential stability or slight growth in revenue, but also highlights the possibility of a slight decline.
The forecasted range suggests that CI&T expects either a slight decline or modest growth in revenue for FY24. This mixed outlook may lead to neutral short-term market reactions as investors weigh the potential for stability against the risk of a decline.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100