Waldencast Expects To Further Accelerate H2 2024 Net Revenue Comparable Growth Above The Rate Achieved In Q2 2024
Portfolio Pulse from Benzinga Newsdesk
Waldencast anticipates accelerating net revenue growth in the second half of 2024, surpassing the growth rate of Q2 2024. The company also expects higher Adjusted EBITDA in H2 2024 compared to H1 2024, aiming for a mid-teens Adjusted EBITDA Margin for the full year.
August 27, 2024 | 9:35 pm
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Waldencast projects stronger net revenue growth in H2 2024 compared to Q2 2024, with expectations of higher Adjusted EBITDA and a mid-teens EBITDA margin for the year.
The news indicates a positive outlook for Waldencast with expectations of accelerated revenue growth and improved EBITDA in the second half of 2024. This suggests potential upward movement in stock price due to anticipated financial improvements.
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