Kamada Expects 2024 Revenues Of $156M-$160M Vs. $166.14M Consensus, And Sees Adjusted EBITDA In The Range Of $27M-$30M
Portfolio Pulse from Benzinga Newsdesk
Kamada Ltd. projects its 2024 revenues to be between $156M-$160M, below the consensus estimate of $166.14M, with adjusted EBITDA expected to be $27M-$30M. The company anticipates double-digit growth in both top- and bottom-line figures and is exploring new business development opportunities to further enhance future growth.

March 06, 2024 | 12:07 pm
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Kamada Ltd. expects 2024 revenues to fall short of consensus estimates but anticipates strong double-digit growth in revenue and adjusted EBITDA.
While Kamada's revenue forecast for 2024 is below market consensus, the anticipated double-digit growth in both revenue and adjusted EBITDA suggests a positive outlook for the company's financial health and operational efficiency. The company's active engagement in new business development opportunities could further enhance its growth prospects. However, the lower-than-expected revenue guidance might initially concern investors, balancing the potential positive impact of the projected growth and strategic initiatives.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100