Nayax Continues To Expect FY24 Revenue $325M-$335M, Raises Guidance On Hardware Gross Margins From 25-27% To 27-29%
Portfolio Pulse from Benzinga Newsdesk
Nayax has updated its financial guidance for FY24, expecting revenue between $325M and $335M. Additionally, the company has raised its guidance on hardware gross margins from 25-27% to 27-29%.
August 07, 2024 | 12:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nayax has raised its FY24 revenue guidance to $325M-$335M and increased its hardware gross margins to 27-29%, indicating a positive financial outlook.
The increase in revenue guidance and hardware gross margins suggests improved financial performance and profitability for Nayax, which is likely to positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100