Bridger Aerospace Reiterates 2024 Revenue Outlook Of $70M - $86M, Est $91.70M
Portfolio Pulse from Benzinga Newsdesk
Bridger Aerospace has reiterated its 2024 revenue outlook of $70M - $86M, supported by early flight activity, increased activity from July, and contributions from FMS Aerospace. The company expects Adjusted EBITDA of $35M - $51M.
August 12, 2024 | 8:54 pm
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Bridger Aerospace has reiterated its 2024 revenue outlook of $70M - $86M, supported by early flight activity, increased activity from July, and contributions from FMS Aerospace. The company expects Adjusted EBITDA of $35M - $51M.
The reaffirmation of the revenue outlook and expected Adjusted EBITDA indicates stability and potential growth for Bridger Aerospace. This positive guidance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100