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> Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the fourth quarter of 2022.
by peter_l_downs 4y ago
> Given uncertainties related to the operating environment, we are not providing our expectations for revenue or adjusted EBITDA for the fourth quarter of 2022.
Can anyone tell me what to make of this? That has to be a bad sign, right?
- nappy-doo 4y agoNot really. Leaving aside the fact that EDBITDA is a bullshit number, guidance is not something every company provides, and in my experience the "hitting the numbers game" causes companies to do sketchy things.
- pevey 4y agoIME, companies usually only stop providing guidance when there is unusual uncertainty specifically to the downside. So in my view, it is a negative sign.
- danielmarkbruce 4y agoThe ad market is a little wonky since Apple put in the tracking stuff.