- Freight Technologies ( NASDAQ: FRGT ) expects 2023 revenue in the range of $36M-$42M, compared to preliminary 2022 revenue of ~$26M-$27M.
- Analysts project the firm to generate $46.60M in revenue for the year.
- Fr8Tech CEO Javier Selgas said: "We look forward to continued growth in our cross-border and domestic FTL offerings over the course of the next 12 to 24 months and come into 2023 with a strong pipeline of existing customers and new prospects and growing lines of business. We are revising our guidance for 2023 revenues to be in the $36M to $42M range as we continue to invest in our technology and are capturing early returns from our new product offerings. We are excited about our future prospects to continue to drive shareholder value."
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Freight Technologies revises 2023 revenue forecast