Sientra shares are trading lower after the company reported worse-than-expected Q2 revenue results and issued FY23 net sales guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Sientra reported lower than expected Q2 revenue results and issued FY23 net sales guidance below estimates, causing its shares to trade lower.
August 11, 2023 | 3:23 pm
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NEGATIVE IMPACT
Sientra's shares are trading lower due to worse-than-expected Q2 revenue results and lower FY23 net sales guidance.
Sientra's shares are trading lower as the company reported worse-than-expected Q2 revenue results and issued FY23 net sales guidance below estimates. This negative financial performance is likely to impact investor confidence and could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100