Global-e Online Revised FY24 Revenue Outlook From $733M - $773M To $710M - $750M Vs. $748.6M Est.
Portfolio Pulse from Benzinga Newsdesk
Global-e Online has revised its FY24 revenue outlook from a range of $733M - $773M to $710M - $750M, compared to an estimated $748.6M.
August 14, 2024 | 11:07 am
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Global-e Online has revised its FY24 revenue outlook downward to $710M - $750M from the previous range of $733M - $773M, which is below the estimated $748.6M.
The downward revision of the revenue outlook suggests potential challenges in achieving previous growth targets, which could negatively impact investor sentiment and short-term stock price.
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