Mirrion Sees FY23 EPS $0.28-$0.34 Vs $0.31 Est.; Revenue Growth Of 8%-10%, Compared To 6%-9% Previously
Portfolio Pulse from Happy Mohamed
Mirion has updated its FY23 outlook, raising its revenue growth forecast from 6%-9% to 8%-10%. The company also expects an improvement in its Adjusted EBITDA margin in the second half of the year. The guidance for organic revenue growth excludes the impact of foreign exchange rates as well as mergers, acquisitions and divestitures. The company's guidance contains forward-looking statements and actual results may differ materially due to uncertainties and risks.

August 04, 2023 | 11:11 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mirion has raised its FY23 revenue growth forecast, which could potentially lead to a positive market reaction. However, the company's guidance contains forward-looking statements and actual results may differ materially due to uncertainties and risks.
The company's raised revenue growth forecast for FY23 indicates a positive outlook, which could potentially lead to a positive market reaction. However, the company's guidance contains forward-looking statements and actual results may differ materially due to uncertainties and risks, which could impact investor sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100