23andMe Holdings Sees FY24 Revenue $340M - $365M Vs. $298.41M Est.
Portfolio Pulse from Benzinga Newsdesk
23andMe Holdings forecasts FY24 revenue to be between $340M and $365M, surpassing the estimated $298.41M.
May 25, 2023 | 8:14 pm
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POSITIVE IMPACT
23andMe Holdings expects higher FY24 revenue of $340M-$365M, outperforming the $298.41M estimate.
23andMe Holdings provided a revenue forecast for FY24 that is significantly higher than the current estimate. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100