Sezzle Expects FY24 Total Revenue Growth 35%-40%
Portfolio Pulse from Benzinga Newsdesk
Sezzle has updated its FY2024 guidance, expecting total revenue growth of 35%-40%, an increase from the previously projected 25%. The company also raised its net income forecast to $55 million and net income per diluted share to $9.25.
August 07, 2024 | 9:35 pm
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POSITIVE IMPACT
Sezzle has significantly raised its FY2024 guidance, expecting total revenue growth of 35%-40%, net income of $55 million, and net income per diluted share of $9.25. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
The significant increase in revenue growth and net income projections indicates strong business performance and potential for higher profitability. This is likely to attract positive investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100