Cue Health Expects Q3 Revenues Of $11M-$13M, Consensus $16.43M
Portfolio Pulse from Benzinga Newsdesk
Cue Health has projected its Q3 revenues to be between $11M-$13M, which is below the consensus estimate of $16.43M.
August 09, 2023 | 9:49 pm
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NEGATIVE IMPACT
Cue Health's lower than expected Q3 revenue forecast could negatively impact its stock price.
Cue Health's projected Q3 revenues are significantly lower than the consensus estimate. This could lead to a negative market reaction, potentially causing a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100