Cboe Global Markets Expects FY24 Net Revenue Growth Of 6%-8% (Prior 5%-7%) YoY Vs $2.065B Est
Portfolio Pulse from Benzinga Newsdesk
Cboe Global Markets has updated its fiscal year 2024 guidance, expecting net revenue growth of 6%-8%, up from the previous 5%-7%. The company reaffirmed its adjusted operating expenses, depreciation and amortization expenses, minority investment contributions, effective tax rate, and capital expenditures.
August 02, 2024 | 11:34 am
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Cboe Global Markets has raised its FY24 net revenue growth guidance to 6%-8% from the previous 5%-7%. The company also reaffirmed its other financial metrics, including operating expenses, depreciation and amortization expenses, minority investment contributions, effective tax rate, and capital expenditures.
The increase in revenue growth guidance is a positive indicator for Cboe's financial health and future performance. Reaffirmation of other financial metrics provides stability and predictability, which is likely to be well-received by investors.
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