Neuronetics Expects FY23 Revenue Of $70M-$72M Versus Prior Guidance Of $69M-$73M And Consensus Of $70.50M
Portfolio Pulse from Benzinga Newsdesk
Neuronetics has updated its FY23 revenue guidance to $70M-$72M, a slight adjustment from the previous range of $69M-$73M. The new guidance is in line with the consensus estimate of $70.50M.
November 07, 2023 | 12:33 pm
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NEUTRAL IMPACT
Neuronetics' updated FY23 revenue guidance is in line with market expectations, indicating stable performance.
Neuronetics' updated revenue guidance for FY23 falls within the market consensus range, indicating that the company's performance is in line with market expectations. This is likely to have a neutral impact on the company's stock in the short term as it does not represent a significant deviation from previous estimates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100