ThreadUp Sees FY24 Revenue $298M-$302M Vs $333.360M Est.
Portfolio Pulse from Benzinga Newsdesk
ThreadUp has revised its FY24 revenue guidance to $298M-$302M, which is below the previous estimate of $333.360M.
August 05, 2024 | 8:51 pm
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ThreadUp has revised its FY24 revenue guidance to $298M-$302M, which is below the previous estimate of $333.360M.
The downward revision in revenue guidance is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100