After considering the preliminary third quarter 2023 revenue results, the Company is issuing an update to its 2023 revenue guidance. The Company now forecasts 2023 revenue guidance of approximately $196 million versus the prior guidance of $187 million to $192 million. The Company now expects to achieve at least $45 million in Adjusted EBITDA, versus the prior guidance of $43 to $45 million. Additionally, as we continue to achieve strong free cash flow generation, the Company elected to voluntarily pre-pay $10.0 million on its outstanding term loan debt to further strengthen its balance sheet.
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