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Newegg Sees FY24 Revenue $1.36B-$1.56B

Author: Benzinga Newsdesk | April 24, 2024 09:05am

2024 Fiscal Year Guidance

The Company currently expects to achieve the following financial performance for the upcoming year ending December 31, 2024:

  • Net sales to be between $1.36 billion and $1.56 billion.
  • GMV to be between $1.74 billion and $1.90 billion.
  • Gross profit to be between $154.6 million and $171.7 million.
  • Net loss to be between $42.8 million and $51.7 million.
  • Adjusted EBITDA to be between $(9.6) million and $0.2 million.

The Company anticipates filing its annual report on Form 20-F for the fiscal year ended December 31, 2023, on April 24, 2024.

Posted In: NEGG


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