FY25 consensus $4.44B. “We are updating our 2025 fiscal year guidance as noted below: Revenue narrowed to a range of $4.35 billion to $4.45 billion from a range of $4.35 billion to $4.55 billion; Adjusted EBITDA margin increased to a range of 11.50% to 12.50% from a range of 11.25% to 12.25%; SG&A expense unchanged at approximately 9.0% of revenue, inclusive of an estimated $40 million of stock-based compensation expense; Effective tax rate for adjusted net income unchanged in the Mid-20s; Capital expenditures expected to total approximately $130 million, or approximately 3% of revenue.”
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