Sientra Sees FY23 Net Sales $98M-$102M vs $104.51M Est.
Portfolio Pulse from Benzinga Newsdesk
Sientra has projected its FY23 net sales to be between $98M and $102M, which is lower than the estimated $104.51M.
August 10, 2023 | 8:26 pm
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Sientra's projected FY23 net sales are lower than the estimated $104.51M, which could negatively impact the company's stock price.
Companies' stock prices often react to their earnings forecasts. In this case, Sientra's lower than expected FY23 net sales forecast could lead to a decrease in its stock price as it indicates potential future underperformance.
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IMPORTANCE 80
RELEVANCE 100