ChromaDex Expects Trajectory Of 2024 Revenue Growth To Continue, Projecting Higher Rate Of Revenue Growth Than Prior Year Growth Of 16%
Portfolio Pulse from Benzinga Newsdesk
ChromaDex projects its revenue growth in 2024 to surpass the previous year's growth rate of 16%, indicating a positive trajectory for the company's financial performance.
March 06, 2024 | 9:23 pm
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ChromaDex anticipates its 2024 revenue growth to exceed the 16% growth rate achieved in the prior year, signaling strong financial health and potential for increased investor interest.
ChromaDex's projection of a higher revenue growth rate for 2024 compared to the 16% growth in the previous year suggests a positive outlook for the company's financial performance. This optimism is likely to attract investor attention and could lead to an increase in stock price in the short term. The company's confidence in surpassing its prior year's growth indicates strong business fundamentals and potential for future profitability.
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