WM Technology Expects Q3 Net Revenues Of $44M Vs. $47.725M Consensus; Sees Adj. EBITDA Of $7M
Portfolio Pulse from Benzinga Newsdesk
WM Technology has issued guidance for Q3 2024, expecting net revenues of $44 million and adjusted EBITDA of $7 million, which is below the consensus estimate of $47.725 million.
August 09, 2024 | 7:40 am
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WM Technology (MAPS) has issued Q3 2024 guidance with net revenues expected to be $44 million, below the consensus estimate of $47.725 million. Adjusted EBITDA is estimated at $7 million.
The guidance provided by WM Technology for Q3 2024 shows net revenues below the consensus estimate, which is likely to be viewed negatively by investors. This could result in a short-term decline in the stock price.
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