Collegium Revises 2023 Product Revenues, Net Outlook From $565M-$580M To $565M-$570M
Portfolio Pulse from Benzinga Newsdesk
Collegium Pharmaceutical has revised its 2023 product revenues and net outlook from $565M-$580M to $565M-$570M.
November 07, 2023 | 10:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Collegium Pharmaceutical has lowered its 2023 product revenues and net outlook, which may negatively impact investor sentiment.
Collegium Pharmaceutical has revised its 2023 product revenues and net outlook downwards. This could be perceived negatively by investors, as it suggests that the company expects lower revenues than previously anticipated. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100