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BSP — Bending Spoons SPA News Story

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Corrected: BUZZ-Italy's Bending Spoons falls after full-year revenue forecast misses estimates

CORRECTED-BUZZ-Italy's Bending Spoons falls after full-year revenue forecast misses estimates

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** Shares of Bending Spoons BSP.O fall 18% to $40.07 after Italy-based digital company forecasts 2026 full-year revenue below analyst estimates

** BSP is on track for biggest daily percent drop on record since it went public last month

** Co reports its quarterly revenue and adjusted EPS more than doubled to $704 mln and 46 cents, respectively

** However, BSP's full-year revenue estimate of between $2.78 bln and $2.82 bln was slightly below analyst forecasts of ~$2.9 bln, per data compiled by LSEG

** 11 analysts cover BSP, giving it an average rating of "BUY" and median PT of $41.50

** The Milan-based company's shares debuted at $31 apiece on July 1 and closed at $40.50


(Reporting by Chibuike Oguh in New York)

((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))

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