🔴 FiscalNote is trading 8.33% down today after lowering 2026 revenue and EBITDA guidance

FiscalNote is trading at $0.06 (-8.33%) after reducing 2026 revenue and adjusted EBITDA guidance following the announced sale of FrontierView to Oxford Economics.

• 2026 revenue guidance is now $74–$76 million, while adjusted EBITDA guidance is $8–$10 million.
• The revised outlook excludes FrontierView after closing; core policy-business expectations remain unchanged.
• The company-specific guidance reset is the clearest explanation for the August 31 decline, outweighing the broader market’s modest weakness.