Fable Media Group
Fable Media Group: Lowering full-year guidance (Redeye)
2024-12-20 07:25
Redeye gives a brief comment on FMG’s downward revision of its full-year guidance. The company attributes the adjustment primarily to lower sportsbook margins and increased marketing spending. While lowering guidance is never positive for sentiment, Redeye considers the adjustment relatively minor, with a limited impact on our valuation.
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