Reported Earlier, TruGolf Predicts H2 2024 YoY Revenue Growth Of 8%-12%, Driven By Expanding Franchise Model And Product Demand
Portfolio Pulse from Benzinga Newsdesk
TruGolf forecasts a year-over-year revenue growth of 8%-12% for the second half of 2024, driven by an expanding franchise model and increased product demand. The company also expects EBITDA to exceed $500,000, indicating a return to profitability.
October 23, 2024 | 6:44 am
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TruGolf anticipates significant revenue growth and a return to profitability in H2 2024, with sales expected to rise by 8%-12% and EBITDA exceeding $500,000.
The projected revenue growth and positive EBITDA forecast suggest a strong financial performance for TruGolf, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100