Organon Expects 2024 Adjusted EBITDA Margin Of 30%-31% Compared To Prior Guidance Of 31%-33%
Portfolio Pulse from Benzinga Newsdesk
Organon has revised its 2024 adjusted EBITDA margin guidance to 30%-31%, down from the previous 31%-33%.
October 31, 2024 | 11:34 am
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Organon has lowered its 2024 adjusted EBITDA margin guidance to 30%-31% from the previous 31%-33%, indicating potential challenges in achieving higher profitability.
The reduction in EBITDA margin guidance suggests that Organon may face challenges in maintaining its profitability levels, which could negatively impact investor sentiment and the stock price in the short term.
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