LivaNova Raised FY23 Revenue Growth to 8% and 10% In Constant Currency Vs. 4% - 6% Prior
Portfolio Pulse from Benzinga Newsdesk
LivaNova has increased its FY23 revenue growth forecast to 8% and 10% in constant currency, up from the previous 4% - 6%. The company expects foreign currency to provide a 1% tailwind based on current rates.
July 26, 2023 | 10:09 am
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POSITIVE IMPACT
LivaNova's raised FY23 revenue growth forecast could positively impact its stock price in the short term.
LivaNova's increased revenue growth forecast for FY23 indicates a positive outlook for the company's financial performance. This 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