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DewDiligence

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DewDiligence

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Re: DewDiligence post# 248990

Tuesday, 09/19/2023 10:31:11 AM

Tuesday, September 19, 2023 10:31:11 AM

Post# of 252428
Clarification—The bearish item in today's Investor Day news is 2024-2025 guidance, specifically: “…expects to be Adjusted EBITDA positive in 2025.” Many investors probably expected EBIDTA positivity in 2024 and actual (GAAP) profitability in 2025.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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