Charles River Associates Reaffirmed FY24 Revenue Outlook At $670M - $685M, Est $675.9M
Portfolio Pulse from Lekha Gupta
Charles River Associates has reaffirmed its FY24 revenue outlook at $670M to $685M, with an estimated $675.9M. The non-GAAP EBITDA margin is expected to be between 12.2% and 13.0%.
October 31, 2024 | 12:24 pm
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Charles River Associates has reaffirmed its FY24 revenue outlook, projecting revenues between $670M and $685M, with an estimated $675.9M. The non-GAAP EBITDA margin is expected to be between 12.2% and 13.0%.
The reaffirmation of the revenue outlook suggests stability and confidence in the company's financial performance, which is likely to positively impact the stock price in the short term. The projected non-GAAP EBITDA margin also indicates healthy profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100