BARK shares are trading lower after the company reported worse-than-expected Q4 financial results and issued Q1 and FY25 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
BARK shares are trading lower after the company reported worse-than-expected Q4 financial results and issued Q1 and FY25 revenue guidance below estimates.
June 04, 2024 | 11:56 am
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NEGATIVE IMPACT
BARK shares are declining due to disappointing Q4 financial results and lower-than-expected revenue guidance for Q1 and FY25.
The company's poor Q4 performance and lower revenue guidance are likely to negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100