Owens & Minor Cuts Top Range Of FY23 Revenue Outlook; Revises Outlook From $10.2B-$10.6B To $10.2B-$10.5B
Portfolio Pulse from Benzinga Newsdesk
Owens & Minor has revised its FY23 revenue outlook, reducing the top range from $10.6B to $10.5B. The lower range remains unchanged at $10.2B.
August 04, 2023 | 3:02 pm
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NEGATIVE IMPACT
Owens & Minor's FY23 revenue outlook revision could potentially impact investor sentiment and the company's stock price.
The reduction in the top range of the revenue outlook indicates a potential slowdown in growth, which could negatively impact investor sentiment and lead to a decrease in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100