GlobalData warns annual EBITDA will miss expectations as investment rises
GlobalData ($DATA) expects full-year revenue near the lower end of the £325.3–335.7 million consensus range and adjusted EBITDA below market expectations of £121–126.7 million. Increased spending on AI, data and sales capacity is weighing on margins, which management expects to remain around first-half levels. The outlook tempers an otherwise growing reported revenue and earnings base. First-half revenue rose 4% to £162.9 million, although underlying growth was only 1%. Adjusted EBITDA increased
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