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lineage faces earnings challenge after major ipo amid weak demand

Lineage Inc. faces a critical earnings report following its $5.1 billion IPO, with expectations of $1.3 billion in revenue and an adjusted loss of $1.73 per share for the September quarter. The cold-storage firm is grappling with weak demand and macroeconomic challenges, leading to a 7% decline in stock value since July.
Bloomberg.com
Lineage, Inc. USA Michael Carroll
Finance & Economy, Market Report
18:13 05.11.2024
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