Vertex Pharmaceuticals Raises FY23 Product Revenue Guidance From $9.7B-$9.8B To ~$9.85B
Portfolio Pulse from Benzinga Newsdesk
Vertex Pharmaceuticals has increased its FY23 product revenue guidance from $9.7B-$9.8B to approximately $9.85B.
November 06, 2023 | 9:43 pm
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Vertex Pharmaceuticals has raised its FY23 product revenue guidance, which could indicate a positive outlook for the company's future performance.
Companies often raise their revenue guidance when they expect better performance in the future. This news could make the stock more attractive to investors, potentially driving up the stock price in the short term.
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