Coherus BioSciences shares are trading higher after the company reported better-than-expected Q2 financial results and issued FY23 net product revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Coherus BioSciences reported better-than-expected Q2 financial results and issued FY23 net product revenue guidance, leading to a rise in its share prices.
August 04, 2023 | 2:04 pm
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Coherus BioSciences' shares are trading higher after the company reported better-than-expected Q2 results and issued positive FY23 net product revenue guidance.
Coherus BioSciences reported better-than-expected Q2 results, which is a positive signal for investors. Additionally, the company issued positive FY23 net product revenue guidance, indicating a positive outlook for the future. These factors are likely to have contributed to the rise in the company's share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100