Supernus Pharmaceuticals Narrows FY23 Revenue From $580M-$620M To $590-$610 Vs $594.28M Est.
Portfolio Pulse from Benzinga Newsdesk
Supernus Pharmaceuticals has revised its FY23 revenue forecast from the range of $580M-$620M to $590M-$610M. The new estimate is in line with the market expectation of $594.28M.
November 08, 2023 | 9:56 pm
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Supernus Pharmaceuticals has adjusted its FY23 revenue forecast. The new range is closer to market expectations, which could stabilize the stock.
Supernus Pharmaceuticals has narrowed its FY23 revenue forecast, bringing it closer to market expectations. This could potentially stabilize the stock as it reduces uncertainty around the company's future performance. However, the impact on the stock price will also depend on other factors such as the overall market condition and investor sentiment towards the pharmaceutical sector.
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