Sees Q2 gross margin 29.5%-30%. Sees Q2 advertising 10.5%-11.5% of net revenue. Sees Q2 adjusted EBITDA 6%-7% of net revenue. Sees Q2 capital expenditures $55M-$65M. Says macro environment remains turbulent. Says prices remain generally stable. Comments and guidance taken from Q1 earnings conference call.
Claim 55% 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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on W: