BrainsWay Provides Full-Year 2024 Revenue Guidance Of $37M-$40M (Est $35.7M), With Continued Profitability Momentum And Cash Generation
Portfolio Pulse from Benzinga Newsdesk
BrainsWay has projected its full-year 2024 revenue to be between $37M and $40M, surpassing the estimated $35.7M. The company also expects to maintain its profitability momentum and continue generating cash.
March 06, 2024 | 12:35 pm
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BrainsWay expects its 2024 revenue to exceed estimates, aiming for $37M-$40M, indicating strong growth and continued profitability.
BrainsWay's projection of its 2024 revenue to surpass the estimated $35.7M suggests a positive outlook on its financial health and operational efficiency. This guidance indicates not only a strong revenue growth but also a continued focus on profitability and cash generation. Such positive financial guidance is likely to instill confidence among investors and could lead to an uptick in BWAY's stock price in the short term.
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