Fluent Cuts FY19 Sales Guidance From $277M-$285M To $265M-$267M vs $280.35M Est.; Cuts Media Margin And Adj. EBITDA Guidance

Business Outlook - 2019 Fluent is providing updated revenue, media margin and Adjusted EBITDA guidance for full-year 2019 as follows: • Revenue is anticipated to be $265-$267 million, as compared with

Benzinga · 11/11/2019 21:13

Business Outlook - 2019

Fluent is providing updated revenue, media margin and Adjusted EBITDA guidance for full-year 2019 as follows:

Revenue is anticipated to be $265-$267 million, as compared with $277-$285 million previously.
   
Media margin is anticipated to be in the range of $87-$88 million, as compared with $93-$98 million previously.
   
Adjusted EBITDA is anticipated to be in the range of $28-$30 million, as compared with $37-$42 million previously.