Amarin Provides Preliminary FY23 Total Revenues Of $304M-$306M Versus Consensus Of $294.18M
Portfolio Pulse from Benzinga Newsdesk
Amarin Corporation has announced preliminary total revenues for FY23 in the range of $304M-$306M, surpassing the consensus estimate of $294.18M.
January 10, 2024 | 12:13 pm
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POSITIVE IMPACT
Amarin's preliminary FY23 revenue forecast exceeds analyst expectations, which could lead to a positive short-term impact on its stock price.
Amarin's announcement of preliminary revenues that are higher than consensus estimates is a strong positive signal to investors, often leading to an increase in stock price as it reflects better-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100