Origin Materials Sees FY23 Revenue $25M-$30M Vs $48.53M Est.
Portfolio Pulse from Benzinga Newsdesk
Origin Materials has projected its FY23 revenue to be between $25M-$30M, which is significantly lower than the estimated $48.53M.
November 09, 2023 | 10:59 pm
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NEGATIVE IMPACT
Origin Materials' lower than expected FY23 revenue forecast could negatively impact its stock price.
Origin Materials' FY23 revenue forecast is significantly lower than the estimated $48.53M. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100