Affirms 2024 adjusted EBITDA outlook $139M-$142M. The company said, “We are off to a strong start in 2024 and therefore we are reaffirming our 2024 outlook. We feel good about our Q1 execution and continue to expect Adjusted EBITDA to grow faster than gross profit. As we demonstrated with our Q1 results, we plan to reduce overall capex spending, giving us the confidence to accelerate our free cash flow conversion throughout 2024.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPAY: