CPSI Expects FY23 Revenue Of $340M-$350M, Unchanged From Prior Guidance; Consensus $347.17M
Portfolio Pulse from Benzinga Newsdesk
CPSI has maintained its FY23 revenue guidance at $340M-$350M, which is in line with the consensus estimate of $347.17M.
August 09, 2023 | 9:38 pm
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NEUTRAL IMPACT
CPSI's FY23 revenue guidance remains unchanged at $340M-$350M, aligning with the consensus estimate of $347.17M.
CPSI's announcement of maintaining its FY23 revenue guidance indicates stability in its financial outlook, which is in line with market expectations. This is likely to have a neutral impact on its stock price in the short term as it does not represent any significant change or surprise to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100