Sees FY25 adjusted EBITDA $480M-$540M. Sees FY25 free cash flow $120M-$160M. Karen Williams, Amex GBT’s Chief Financial Officer, stated: “I am incredibly pleased with our Q1 performance and our continued focus on margins. In the first quarter, we expanded our Adjusted EBITDA margin by 260bps year over year. It is clear we have a well-established playbook in transformation, and this will serve us well in times of uncertainty. Our updated guidance reflects the factors within our control to protect earnings and cash flow as we adapt to a more uncertain environment.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GBTG:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue