Banzai Completes Acquisition of OpenReel, Expects to Exceed $10.0 Million 2024 Revenue Guidance
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Banzai International, Inc. (NASDAQ: BNZI) has completed its acquisition of OpenReel, a digital video creation platform. The company expects to exceed its 2024 revenue guidance of $10 million.
December 19, 2024 | 1:45 pm
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Banzai International has completed its acquisition of OpenReel and expects to exceed its 2024 revenue guidance of $10 million.
The acquisition of OpenReel is likely to enhance Banzai's product offerings and market reach, potentially leading to increased revenues. The company's expectation to exceed its 2024 revenue guidance of $10 million suggests positive financial performance, which could drive the stock price up in the short term.
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