A prominent company has revised its financial outlook for fiscal year 2025, citing unfavorable shifts in the economic landscape as the primary reason. The company has adjusted its revenue forecast to a range of $2.43 billion to $2.5 billion, down from the previous range of $2.52 billion to $2.59 billion. This revision stands against a consensus estimate of $2.55 billion.
In addition to lowering revenue expectations, the company also altered its guidance for adjusted EBITDA, now forecasting between $245 million and $265 million, compared to the earlier estimate of $260 million to $280 million.
The revised guidance reflects the softer demand for durable consumer goods and assumes an ongoing challenging business environment. The company’s outlook assumes a stable tax rate of about 28% for Non-GAAP EPS and does not factor in any potential impacts from further share buybacks or a possible recession, which could coincide with an uptick in unemployment rates.
