Driven Brands Reports Q4 Earnings Amid Financial Restatement
Driven Brands reported a 7.7% increase in fourth-quarter revenue to $460.1 million and adjusted EBITDA growth of 7.3% to $111.9 million, despite announcing a financial restatement due to accounting issues from prior acquisition periods. The company is strengthening its controls by adding resources and leadership.
Tickers: $DRVN
Topics: accounting issues earnings EBITDA restatement revenue growth