Priority Technology Expects 2024 Revenue Of $875M-$890M Vs. $855.3M Consensus; Sees Adjusted EBITDA Of $193M-$198M And Adjusted Gross Profit Of $325M-$335M
Full Year 2024 Financial Guidance
Based on a combination of results for the full year ended December 31, 2023 and the forecasted results for the year, the Company has provided its outlook for the full year 2024 as follows:
- Revenue forecast to range between $875 million to $890 million, a growth rate of 16% to 18%, compared to fiscal 2023 results
- Adjusted EBITDA (a non-GAAP measure) forecast to range between $193 million to $198 million, a growth rate of 15% to 18% compared to fiscal 2023 results
- Adjusted gross profit (a non-GAAP measure) forecast to range between $325 million and $335 million, a growth rate of 18% to 22% compared to fiscal 2023 results