Shift4 Raises FY24 Gross Revenue Less Network Fees Outlook From $1.30B - $1.35B To $1.35B - $1.38B; Tightens High End Of End-To-End Payment Volume Range
Portfolio Pulse from Benzinga Newsdesk
Shift4 has raised its FY24 gross revenue less network fees outlook from $1.30B - $1.35B to $1.35B - $1.38B and tightened the high end of its end-to-end payment volume range.
August 08, 2024 | 11:30 am
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Shift4 has increased its FY24 gross revenue less network fees outlook, indicating stronger financial performance. The company also tightened the high end of its end-to-end payment volume range.
The raised revenue outlook suggests that Shift4 is performing better than previously expected, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100