PodcastOne Raises FY25 Revenue Guidance From $50M-$55M To $51M-$56M, Est $50.438M
Portfolio Pulse from Benzinga Newsdesk
PodcastOne has raised its FY25 revenue guidance from $50M-$55M to $51M-$56M, surpassing the estimated $50.438M.
May 30, 2024 | 11:37 am
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POSITIVE IMPACT
PodcastOne has increased its FY25 revenue guidance to $51M-$56M, exceeding the estimated $50.438M. This positive revision indicates strong future performance and could boost investor confidence.
The upward revision of revenue guidance suggests that PodcastOne is performing better than expected, which is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100