Earnings EstimateFor FY’24, the adjusted EBITDA estimate is lowered by approximately 6%, resulting in a downward revision to the adjusted EPS.
Revenue GuidanceRevenue guidance was lowered to a midpoint of $2,425M, with a growth range of 5.5% - 6.5%.
Sales GrowthWith slowing SSS growth amongst the company's SME (Small and Medium Sized Enterprises) in the quarter, the company does expect to deliver FY revenue closer to the mid-point/lower end of the FY guide.