Schrodinger Sees Q1 2024 Software Revenue $33M-$35M
Portfolio Pulse from Benzinga Newsdesk
Schrodinger anticipates its Q1 2024 software revenue to be between $33M and $35M.
February 28, 2024 | 9:15 pm
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POSITIVE IMPACT
Schrodinger expects its software revenue for Q1 2024 to range from $33M to $35M.
The announcement of expected revenue in the range of $33M to $35M for Q1 2024 is likely to be viewed positively by investors, as it provides a clear financial outlook for Schrodinger's software segment. This transparency can boost investor confidence, potentially leading to a short-term increase in SDGR's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100