ANI Pharmaceuticals Sees FY23 Revenue of $468M-$478M Versus Prior Guidance Of $425M-$445M And Consensus of $452.94M
Portfolio Pulse from Benzinga Newsdesk
ANI Pharmaceuticals has updated its FY23 revenue guidance to $468M-$478M, up from the previous guidance of $425M-$445M. This is also higher than the consensus estimate of $452.94M.
November 08, 2023 | 11:57 am
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ANI Pharmaceuticals has raised its FY23 revenue guidance, which is expected to positively impact its stock price in the short term.
ANI Pharmaceuticals has raised its FY23 revenue guidance, which is a positive signal for investors. This indicates that the company expects higher revenues than previously estimated, which could lead to increased profitability and potentially a higher stock price. Therefore, this news is likely to have a positive impact on ANIP's stock price in the short term.
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