Team Reaffirms Guidance
Portfolio Pulse from Benzinga Newsdesk
Team Inc. reaffirms its 2024 fiscal year guidance, projecting total revenue between $850 million and $900 million, gross margin between $235 million and $265 million, adjusted EBITDA between $58 million and $68 million, and capital expenditures between $9 million and $11 million.
August 08, 2024 | 9:39 pm
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Team Inc. reaffirms its 2024 fiscal year guidance, projecting total revenue between $850 million and $900 million, gross margin between $235 million and $265 million, adjusted EBITDA between $58 million and $68 million, and capital expenditures between $9 million and $11 million.
Reaffirming guidance generally provides stability and confidence to investors, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100