Repligen Expects Fiscal Year 2024 Revenue Of $620M-$650M Versus Consensus Of $660.68M
Portfolio Pulse from Benzinga Newsdesk
Repligen projects its fiscal year 2024 revenue to be between $620M and $650M, which falls below the consensus estimate of $660.68M.
February 21, 2024 | 12:36 pm
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Repligen's projected FY2024 revenue is below market expectations, indicating potential challenges ahead.
Repligen's revenue forecast for fiscal year 2024 is lower than the consensus estimate, which could lead to negative investor sentiment and potentially impact the stock price negatively in the short term. This discrepancy suggests that the company might be facing challenges that could hinder its financial performance.
CONFIDENCE 85
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