Cue Health Sees Q4 Revenue $16M-$18M Vs $27.45M Est.
Portfolio Pulse from Benzinga Newsdesk
Cue Health has projected its Q4 revenue to be between $16M-$18M, which is significantly lower than the estimated $27.45M.
November 08, 2023 | 11:06 pm
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NEGATIVE IMPACT
Cue Health's lower than expected Q4 revenue projection could negatively impact its stock price.
Cue Health's projected Q4 revenue is significantly lower than the estimated $27.45M. This shortfall could lead to a negative sentiment among investors, potentially driving down the stock price of HLTH, which is directly associated with Cue Health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100