Inari Medical Expects 2024 Revenue Of $580M-$595M (Est $588.336M); Still Expects To Reach Sustained Operating Profitability In H1 Of 2025
Portfolio Pulse from Benzinga Newsdesk
Inari Medical projects its 2024 revenue to be between $580M-$595M, aligning closely with the estimated $588.336M. The company also reaffirms its expectation to achieve sustained operating profitability in the first half of 2025.
February 28, 2024 | 9:21 pm
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Inari Medical's revenue projection for 2024 aligns with analyst estimates, and the company expects to reach sustained operating profitability by H1 2025.
Inari Medical's revenue forecast for 2024 is in line with analyst expectations, which could instill confidence among investors about the company's growth trajectory and its ability to manage expenses leading to profitability. This positive outlook is likely to have a favorable impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100