Verizon Reaffirms Full-year 2024 Guidance, Projects To Generate At Least $500M In Annual Run-rate Cost Synergies, And Expects The Deal To Be Accretive To Revenue And Adjusted EBITDA Growth Upon Closing
Portfolio Pulse from Benzinga Newsdesk
Verizon has reaffirmed its full-year 2024 guidance, projecting at least $500 million in annual run-rate cost synergies. The company expects the deal to be accretive to revenue and adjusted EBITDA growth upon closing.
September 05, 2024 | 10:04 am
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Verizon has reaffirmed its full-year 2024 guidance, projecting at least $500 million in annual run-rate cost synergies. The company expects the deal to be accretive to revenue and adjusted EBITDA growth upon closing.
Verizon's reaffirmation of its 2024 guidance and projection of significant cost synergies indicate a positive outlook for the company's financial performance. The expectation of the deal being accretive to revenue and EBITDA growth suggests potential for stock price appreciation.
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