Travere Therapeutics Expects Q4 FY23 Net Product Sales From Continuing Operations To Be Approximately $40M, Approximately $128M For FY23M.
Portfolio Pulse from Benzinga Newsdesk
Travere Therapeutics forecasts Q4 FY23 net product sales from continuing operations to be around $40M, with an estimated $128M for the full fiscal year 2023.
January 08, 2024 | 12:10 pm
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POSITIVE IMPACT
Travere Therapeutics anticipates Q4 FY23 net product sales of $40M and $128M for the entire fiscal year, indicating a potential increase in revenue.
The announcement of expected sales figures for Q4 FY23 and the full fiscal year suggests a positive revenue trend for Travere Therapeutics. This information is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price. The confidence in this analysis is high due to the direct correlation between revenue forecasts and investor sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100