CaliberCos Inc. achieves second consecutive quarter of positive adjusted EBITDA for Caliber platform through cost controls
CWD CaliberCos Inc
$0.38 -7.38%
View chart & analysis → - 1CaliberCos Inc. recorded a 9% year-over-year growth in Caliber platform revenue.
- 2Caliber platform adjusted EBITDA saw an $800,000 improvement year-over-year.
- 3CaliberCos Inc. lowered its annual total revenue guidance range to $15 million to $17 million.
So what's the key point?
CaliberCos Inc. increased its operating profit by $800,000 by saving on costs. However, the expected annual revenue is now set between $15 million and $17 million.
Source The Motley Fool · View original ↗
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