Payfare Withdraws Previously Issued 2024 Financial Guidance For Revenue And Earnings, As Company And DoorDash Establish Transition Plan To Begin In Q4 Of 2024
Portfolio Pulse from Benzinga Newsdesk
Payfare has withdrawn its 2024 financial guidance for revenue and earnings as it establishes a transition plan with DoorDash, set to begin in Q4 2024.
September 26, 2024 | 9:10 pm
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Payfare has withdrawn its 2024 financial guidance due to a transition plan with DoorDash, which may impact its future revenue and earnings.
The withdrawal of financial guidance suggests uncertainty in Payfare's future financial performance. The transition plan with DoorDash could lead to changes in revenue streams, impacting short-term stock performance negatively.
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