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Priority Tech Holdings Narrows FY2025 Sales Guidance from $965.000M-$1.000B to $970.000M-$990.000M vs $972.005M Est

Benzinga Newsdesk 1 year ago

NewsGuidance

Full Year 2025 Financial GuidancePriority's outlook remains strong, and we are adjusting our full year 2025 guidance to reflect narrower ranges around the midpoint of our original full year guidance. We anticipate an

Full Year 2025 Financial Guidance

Priority's outlook remains strong, and we are adjusting our full year 2025 guidance to reflect narrower ranges around the midpoint of our original full year guidance. We anticipate an acceleration of organic growth in the second half of 2025 based on timing of sales pipeline, the impact of year over year comparatives, and moderating headwinds in certain areas from the first half of 2025 that offset strong growth in core operating performance. The adjusted full year 2025 guidance is as follows:

  • Revenue forecast to range between $970 million to $990 million, a growth rate of 10.2% to 12.5%, compared to fiscal 2024 results. This ranges compares to original full year 2025 guidance of $965 million to $1 billion.
  • Adjusted gross profit (a non-GAAP measure) forecast to range between $365 million and $380 million, which compares to the original full year 2025 guidance range of $360 million to $385 million.
  • Adjusted EBITDA (a non-GAAP measure) forecast to range between $222.5 million to $227.5 million, which compares to the original full year 2025 guidance range of $220 million to $230 million.

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