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2024 Guidance

All articles tagged with #2024 guidance

business-finance1 year ago

QuidelOrtho Corp (QDEL) Faces Stock Plunge Amidst Respiratory Revenue Decline

QuidelOrtho Corp (NASDAQ:QDEL) reported a decrease in total revenue to $743 million in Q4 2023, with a decline in respiratory revenue but growth in non-respiratory revenue. The company's GAAP net income and adjusted EBITDA also decreased, while it paid down debt and completed share repurchases. QuidelOrtho provided fiscal year 2024 guidance with total revenues expected to be between $2.76 - $3.07 billion and adjusted diluted EPS between $2.40 - $3.07. The company's performance reflects challenges in the respiratory segment but also highlights strategic initiatives to diversify its portfolio and mitigate risks.

via Yahoo Finance|
#2024-guidance#business-finance#financial-results
finance1 year ago

"FMC Corp Faces Stock Plunge After Missing Q4 Earnings and Revenue Estimates"

FMC Corp reported a decline in revenue and adjusted earnings for 2023, attributed to channel destocking and adverse weather. However, the company's GAAP net income surged due to one-time tax benefits. The 2024 outlook anticipates slight revenue growth and essentially flat adjusted EBITDA. FMC's focus on innovation and cost management, along with expected benefits from restructuring, suggests potential for recovery and growth in the agricultural sector.

via Yahoo Finance|
#2023-results#2024-guidance#agricultural-industry
finance1 year ago

"SoFi Technologies Inc (SOFI) Surges on Strong Q4 Earnings and First-Ever Quarterly Profit"

SoFi Technologies Inc reported strong financial results for Q4 and fiscal year 2023, with GAAP net revenue reaching $615 million in Q4, up 35% year-over-year, and adjusted EBITDA hitting a record $181 million, a 159% increase year-over-year. The company also saw significant member and product growth, with over 7.5 million members and 11.1 million products. Management provided guidance for Q1 2024, expecting adjusted net revenue between $550 to $560 million and adjusted EBITDA between $110 to $120 million. The company's positive performance and outlook demonstrate its successful execution of its growth strategy and resilience in a challenging economic environment.

via Yahoo Finance|
#2024-guidance#finance#financial-results