Riskified Revised FY24 Revenue Outlook To $320M-$325M (From $323M-$335M) Vs. $329.41M Estimate; Adjusted EBITDA To $13M-$19M (From $12M-$18M)
Portfolio Pulse from Benzinga Newsdesk
Riskified has revised its FY24 revenue outlook to $320M-$325M from the previous range of $323M-$335M, which is below the $329.41M estimate. The company also adjusted its EBITDA forecast to $13M-$19M from $12M-$18M.
August 14, 2024 | 10:55 am
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Riskified has revised its FY24 revenue outlook to $320M-$325M, which is below the $329.41M estimate. The company also adjusted its EBITDA forecast to $13M-$19M.
The downward revision in revenue outlook and the adjusted EBITDA forecast being within the previous range but still lower than the market estimate could negatively impact investor sentiment and short-term stock price.
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