CECO Environmental Cuts FY24 Full Year Revenue Guidance From $600M - $620M To $575M - $600M, Est $606.113M
Portfolio Pulse from Benzinga Newsdesk
CECO Environmental has revised its full-year 2024 revenue guidance downwards from $600M-$620M to $575M-$600M, with an estimated revenue of $606.113M.
October 29, 2024 | 10:21 am
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CECO Environmental has reduced its revenue guidance for FY24, indicating potential challenges in meeting previous expectations.
The downward revision in revenue guidance suggests that CECO Environmental may face challenges in achieving its previous revenue targets, which could negatively impact investor sentiment and the stock price in the short term.
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