CVRx Raises FY23 Revenue From $37.0M-$38.5M To $38.5M-$39.0M Vs $38.1M Est.
Portfolio Pulse from Benzinga Newsdesk
CVRx has increased its FY23 revenue forecast from $37.0M-$38.5M to $38.5M-$39.0M, which is higher than the estimated $38.1M.
October 26, 2023 | 9:13 pm
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POSITIVE IMPACT
CVRx has raised its FY23 revenue forecast, which is now higher than the previous estimate.
CVRx has raised its revenue forecast for FY23, which is a positive signal about the company's future performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100