Rockwell Medical Raises FY23 Revenue Outlook From $78M - $82M To $82M - $86M Vs. $86.06M Est.
Portfolio Pulse from Benzinga Newsdesk
Rockwell Medical has increased its FY23 revenue forecast from $78M-$82M to $82M-$86M, which is in line with the estimated $86.06M.

August 14, 2023 | 10:03 am
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POSITIVE IMPACT
Rockwell Medical's upward revision of its FY23 revenue outlook could potentially boost investor confidence and positively impact its stock price.
Rockwell Medical's revised revenue outlook is in line with estimates, which could be seen as a positive sign by investors. This could potentially lead to increased demand for the stock, driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100