Pulmonx shares are trading higher after the company reported a year-over-year increase in Q3 EPS results and better-than-expected revenue results. Also, the company raised its FY23 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Pulmonx reported a year-over-year increase in Q3 EPS results and better-than-expected revenue results. The company also raised its FY23 revenue guidance, leading to a rise in its share price.
October 31, 2023 | 2:58 pm
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Pulmonx's better-than-expected Q3 results and raised FY23 revenue guidance have led to a rise in its share price.
Pulmonx's strong Q3 results and raised FY23 revenue guidance indicate a positive financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100