Financial Performance3Q23 earnings fell short on nearly every metric, with revenue, adjusted EBITDA, and adjusted EPS all below consensus and guidance.
Guidance And Earnings Outlook1Q24 guidance fell short of falling expectations, with 2024 guidance matching previous but perhaps a bit soft.
Operational ChallengesIntegration challenges and high debt leverage, along with revenue declines in key segments, are exacerbating the company's difficulties.