Deluxe shares are trading lower after the company reported mixed Q2 financial results and cut its FY24 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Deluxe shares are trading lower after the company reported mixed Q2 financial results and cut its FY24 revenue guidance below estimates.
August 01, 2024 | 7:56 pm
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NEGATIVE IMPACT
Deluxe shares are trading lower due to mixed Q2 financial results and a reduction in FY24 revenue guidance below estimates.
The mixed Q2 results and the downward revision of FY24 revenue guidance are likely to negatively impact investor sentiment, leading to a short-term decline in Deluxe's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100