Iteris Sees FY25 Total Revenues Of $188M - $194M, Est $190.310M
Portfolio Pulse from Benzinga Newsdesk
Iteris projects FY25 total revenues between $188M and $194M, with an estimated $190.310M. The company also expects an adjusted EBITDA margin of 8.0% to 10.0%, indicating a 150 basis points improvement at the midpoint.
June 13, 2024 | 8:09 pm
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Iteris projects FY25 total revenues between $188M and $194M, with an estimated $190.310M. The company also expects an adjusted EBITDA margin of 8.0% to 10.0%, indicating a 150 basis points improvement at the midpoint.
The positive revenue forecast and improved EBITDA margin suggest strong financial performance, likely boosting investor confidence and short-term stock price.
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