Tandem Diabetes Care Sees FY24 Revenue $850M Vs $842.487M Est.
Portfolio Pulse from Benzinga Newsdesk
Tandem Diabetes Care has projected its FY24 revenue to be $850 million, surpassing the estimated $842.487 million. This forecast suggests a positive outlook for the company's financial performance in the upcoming fiscal year.
February 21, 2024 | 9:11 pm
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Tandem Diabetes Care's FY24 revenue forecast of $850 million exceeds analysts' expectations, indicating a strong financial outlook.
The company's projection of higher-than-expected revenue for FY24 suggests confidence in its business operations and potential for growth. This positive news is likely to influence investor sentiment positively, leading to a potential increase in stock price in the short term.
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