FGI Industries Sees FY24 Revenue $115M-$128M Vs $124.637M Est.
Portfolio Pulse from Benzinga Newsdesk
FGI Industries has projected its FY24 revenue to be between $115 million and $128 million, compared to the estimated $124.637 million.
August 07, 2024 | 8:52 pm
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FGI Industries has provided a revenue forecast for FY24 ranging from $115 million to $128 million, which is slightly below the market estimate of $124.637 million.
The revenue forecast range provided by FGI Industries is close to the market estimate but slightly lower at the lower end. This could lead to a neutral short-term impact on the stock price as the forecast is within a reasonable range of expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100