Silk Road Medical Sees FY23 Revenue $170M-$174M vs $181.66M Est.
Portfolio Pulse from Bill Haddad
Silk Road Medical has projected its FY23 revenue to be between $170M-$174M, which is lower than the estimated $181.66M.

October 10, 2023 | 8:24 pm
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NEGATIVE IMPACT
Silk Road Medical's lower than expected FY23 revenue forecast could negatively impact its stock price.
Companies' stock prices are often influenced by their financial performance. Silk Road Medical's lower than expected revenue forecast for FY23 could be seen as a negative signal by investors, potentially leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100