CareDx Sees FY23 Revenue $240M-$260M vs $261.94M Est.
Portfolio Pulse from Benzinga Newsdesk
CareDx has projected its FY23 revenue to be between $240M and $260M, which is lower than the estimated $261.94M.
August 08, 2023 | 9:32 pm
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NEGATIVE IMPACT
CareDx's lower than expected FY23 revenue forecast could negatively impact its stock price.
CareDx's projected revenue for FY23 is lower than the estimated $261.94M. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100