CORRECTION: BARK Reaffirms FY 2025 Guidance; Sees Revenue Of $490M-$500M Vs $494.9M, Adjusted EBITDA Of $1M-$5M; Expects Q2 2025 Revenue Of $123M-$126M, Adjusted EBITDA Of $1M-$3M
Portfolio Pulse from Benzinga Newsdesk
BARK has reaffirmed its FY 2025 guidance, projecting revenue between $490M and $500M, compared to the previous estimate of $494.9M. The company also expects adjusted EBITDA to range from $1M to $5M. For Q2 2025, BARK anticipates revenue between $123M and $126M, with adjusted EBITDA between $1M and $3M.
August 08, 2024 | 3:32 pm
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BARK has reaffirmed its FY 2025 guidance, projecting revenue between $490M and $500M, and adjusted EBITDA between $1M and $5M. For Q2 2025, the company expects revenue between $123M and $126M, with adjusted EBITDA between $1M and $3M.
Reaffirming guidance generally indicates stability and confidence in the company's financial outlook, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100