Treace Medical Concepts shares are trading lower after the company reported worse-than-expected Q3 financial results and lowered FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Treace Medical Concepts reported worse-than-expected Q3 financial results and lowered its FY23 revenue guidance below estimates, causing its shares to trade lower.
November 09, 2023 | 9:35 pm
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Treace Medical Concepts' shares are trading lower due to worse-than-expected Q3 results and lowered FY23 revenue guidance.
Treace Medical Concepts reported disappointing Q3 results and reduced its FY23 revenue guidance, which is likely to negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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