Ispire Technology Inc. Increases Q4 2023 Revenue Outlook For Cannabis Vaping Hardware; Sees Q4 Revenue $14M-$15M Vs $12M-15M Previous Est
Portfolio Pulse from Happy Mohamed
Ispire Technology Inc. (NASDAQ:ISPR) has increased its Q4 2023 revenue outlook for its cannabis vaping hardware to $14M-$15M, up from the previous estimate of $12M-$15M. This represents a YoY growth of 247% to 271% from Q4 2022. The company's total revenue for Q4 is projected to be $29M-$31M, a growth of 33% to 42% from Q4 2022.
June 29, 2023 | 12:39 pm
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Ispire Technology Inc. has raised its Q4 2023 revenue outlook for its cannabis vaping hardware, indicating strong market acceptance and robust growth. This could positively impact the company's stock price.
Ispire Technology Inc. has increased its Q4 2023 revenue outlook for its cannabis vaping hardware, indicating strong market acceptance and robust growth. This positive financial outlook could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100