The company said, "Bragg provided an update on its expectation for 2023 full year revenue Adjusted EBITDA growth with revenue expected to rise approximately 10% to 15% to a range of EUR 93-97 million (US $100.0-104.3 million) and Adjusted EBITDA expected to increase approximately 20% to 36% to a range of EUR 14.5-16.5 million (US $15.6-17.7 million). Given the stronger than previously anticipated 4Q22 revenue and Adjusted EBITDA, Bragg’s updated guidance reflects an increase from the initial expectations provided at the time the Company reported 3Q22 results in November 2022."
Published first on TheFly
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