ProFrac Expects To Incur FY24 Capital Expenditures Closer To Lower End Of Previously Provided Guidance
Portfolio Pulse from Benzinga Newsdesk
ProFrac expects its FY24 capital expenditures to be closer to the lower end of its previously provided guidance.
August 08, 2024 | 9:05 am
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ProFrac expects its FY24 capital expenditures to be closer to the lower end of its previously provided guidance.
ProFrac's announcement about lower capital expenditures could indicate a more conservative financial approach, which might be neutral for the stock price in the short term.
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IMPORTANCE 60
RELEVANCE 100