Silk Road Medical Projects Full Year 2024 Revenue Of $194M-$198M, Est $191.652M
Portfolio Pulse from Benzinga Newsdesk
Silk Road Medical has projected its full-year 2024 revenue to be between $194 million and $198 million, surpassing the estimated $191.652 million. This forecast suggests a positive outlook for the company's financial performance.
February 28, 2024 | 9:45 pm
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Silk Road Medical's revenue projection for 2024 exceeds analyst estimates, indicating potential growth and a positive financial outlook.
Silk Road Medical's projection of its full-year 2024 revenue to be higher than analyst estimates suggests confidence in the company's growth trajectory and operational performance. This positive outlook is likely to influence investor sentiment positively, potentially leading to an increase in the stock price in the short term.
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