Transphorm Sees Q1 2024 Revenue $5.8M-$6.2M Vs $5.56M Est
Portfolio Pulse from Benzinga Newsdesk
Transphorm has projected its Q1 2024 revenue to be between $5.8M and $6.2M, which is higher than the estimated $5.56M.
June 27, 2023 | 8:37 pm
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POSITIVE IMPACT
Transphorm's projected Q1 2024 revenue exceeds estimates, which may positively impact TGAN's stock in the short term.
Transphorm's higher than expected revenue projection for Q1 2024 indicates potential growth and profitability, which could attract investors and drive up TGAN's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100