Tue. 12 Mar 2024, 4:12pm ET
Benzinga
News, Guidance
Financial Guidance as of March 2024
First Quarter 2024 | |
Net sales | $77 – $83 million |
Adjusted EBITDA(1) | ($6) – ($9) million |
Fiscal Year 2024 | |
Net sales | Flat to low-single digit % growth |
Adjusted EBITDA(1) | > $40 million |
(1) See "Non-GAAP Financial Measures" below.
Financial guidance reflects the following assumptions:
- First quarter financial guidance reflects our seasonally lowest sales quarter of the year and investments in sales and marketing spend in the quarter.
- Assumes no material deterioration in general market conditions or other unforeseen circumstances beyond the Company's control, such as foreign currency exchange rates.
- Excludes any unannounced acquisitions, dispositions or financings.