Insulet Reaffirms Guidance For Q3 And FY23
Portfolio Pulse from Benzinga Newsdesk
Insulet has reaffirmed its Q3 and FY23 revenue guidance for Total Omnipod and Total Company, as well as its gross margin and operating margin guidance for FY23. This reaffirmation was outlined in the company's Q2 2023 earnings announcement on August 8, 2023.
October 03, 2023 | 8:20 pm
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POSITIVE IMPACT
Insulet's reaffirmation of its Q3 and FY23 guidance may instill confidence in investors, potentially leading to a positive impact on the company's stock.
Reaffirming guidance is generally seen as a positive sign by investors, as it indicates that the company is on track to meet its financial targets. This could lead to increased investor confidence in Insulet, potentially driving up the price of PODD stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100