BARK Sees FY25 Revenue $490M-$500M Vs $511.338M Est.
Portfolio Pulse from Benzinga Newsdesk
BARK has revised its FY25 revenue forecast to $490M-$500M, which is below the previous estimate of $511.338M.
June 03, 2024 | 8:05 pm
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BARK has revised its FY25 revenue forecast to $490M-$500M, which is below the previous estimate of $511.338M. This downward revision may negatively impact investor sentiment and the stock price in the short term.
The downward revision in revenue forecast indicates potential challenges in achieving previously expected growth. This could lead to negative investor sentiment and a decline in the stock price in the short term.
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