CVRx Raises FY23 Revenue From $35.5M-$38M To $37M-$38.5M Vs $36.63M Est
Portfolio Pulse from Benzinga Newsdesk
CVRx has increased its FY23 revenue forecast from $35.5M-$38M to $37M-$38.5M, which is higher than the estimated $36.63M.
July 25, 2023 | 8:43 pm
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POSITIVE IMPACT
CVRx has revised its FY23 revenue forecast upwards, which is now higher than the market estimate. This could potentially boost investor confidence.
CVRx has increased its revenue forecast for FY23, which is a positive signal as it indicates the company's confidence in its future performance. This is likely to be viewed positively by the market and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100