Zeta Raises 2024 Revenue Guidance From $895M - $905M To $920M - $930M, Est $900.45M
Portfolio Pulse from Benzinga Newsdesk
Zeta has raised its 2024 revenue guidance from $895M-$905M to $920M-$930M, surpassing the estimated $900.45M. The company also increased its Adjusted EBITDA and Free Cash Flow guidance.
July 31, 2024 | 10:05 pm
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Zeta has raised its 2024 revenue guidance to $920M-$930M, surpassing the estimated $900.45M. The company also increased its Adjusted EBITDA and Free Cash Flow guidance, indicating strong financial performance.
The increase in revenue, Adjusted EBITDA, and Free Cash Flow guidance indicates strong financial performance and growth prospects for Zeta. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100