Cuts FY25 adjusted EBITDA view to $395M-$405M from $470M-$480M. The company said, “As stated on the recent third quarter earnings call, the Company’s 2025 financial guidance did not include the impact of the initial payment under the licensing agreement. With the completion of the transaction, the Company has now updated its full year 2025 adjusted EBITDA guidance to reflect the initial $75 million cash payment.”
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