Schrodinger Sees FY24 Software Revenue Growth 6%-13%
Portfolio Pulse from Benzinga Newsdesk
Schrodinger anticipates its software revenue to grow between 6% and 13% in FY24, indicating a positive outlook for the company's software segment.
February 28, 2024 | 9:15 pm
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POSITIVE IMPACT
Schrodinger's forecast of 6%-13% software revenue growth for FY24 suggests a bullish outlook for the company's software segment.
The projected growth in software revenue for Schrodinger is a strong indicator of the company's positive performance and potential for future growth. This forecast is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100