RadNet Cuts FY23 Artificial Intelligence Segment Total Net Revenue Outlook From $16M-$18M To $11M-$13M
Portfolio Pulse from Benzinga Newsdesk
RadNet has reduced its FY23 total net revenue outlook for its Artificial Intelligence segment from $16M-$18M to $11M-$13M.
August 08, 2023 | 10:06 am
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NEGATIVE IMPACT
RadNet's reduced revenue outlook for its AI segment may negatively impact its stock price in the short term.
RadNet's reduced revenue outlook for its AI segment indicates potential challenges in this area, which could negatively impact investor sentiment and lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100