Veracyte Sees FY24 Revenue $394M-$402M Vs $393.285M Est.
Portfolio Pulse from Benzinga Newsdesk
Veracyte projects its FY24 revenue to be between $394M and $402M, slightly above the estimated $393.285M.
February 22, 2024 | 10:18 pm
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POSITIVE IMPACT
Veracyte's FY24 revenue projection exceeds analyst estimates, indicating potential growth.
Veracyte's projection of its FY24 revenue to be slightly above the analyst estimates suggests confidence in its business growth and operational efficiency. This positive outlook is likely to instill investor confidence and could lead to a short-term uptick in its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100