Digital Brands Group (DBGI) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Digital Brands Group, Inc. is confidently maintaining its 2024 fiscal year revenue projections of $27 to $30 million, and anticipates generating $6 to $7 million in free cash flow along with $1.5 to $2.0 million in EBITDA. In a bold move to reassure investors, the company has also pledged not to conduct any equity offerings throughout the year.
For further insights into DBGI stock, check out TipRanks’ Stock Analysis page.