Viatris Revises Full-Year Total Revenues Guidance Range Solely To Reflect The Expected Negative Impact Of Foreign Exchange; Now Sees FY23 Revenue Down From $15.5B-$16B To $15.4B-$15.6B Vs $15.67B Est.
Portfolio Pulse from Benzinga Newsdesk
Viatris has revised its full-year total revenues guidance for FY23 due to the expected negative impact of foreign exchange. The company now expects revenues to be between $15.4B and $15.6B, down from the previous estimate of $15.5B-$16B. This is slightly below the estimated $15.67B.
November 08, 2023 | 12:47 am
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Viatris has lowered its revenue guidance for FY23 due to the expected negative impact of foreign exchange. This could potentially impact the company's stock price.
Viatris has revised its revenue guidance for FY23 downwards due to the expected negative impact of foreign exchange. This news is directly related to the company and could potentially have a negative impact on its stock price as it indicates lower than expected revenues.
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IMPORTANCE 80
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