Venus Concept Expects Q1 FY24 Revenue Of At Least $16.5M Versus Consensus Of $19.37M
Portfolio Pulse from Benzinga Newsdesk
Venus Concept projects its Q1 FY24 revenue to be at least $16.5 million, falling short of the consensus estimate of $19.37 million.

April 01, 2024 | 11:05 am
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Venus Concept's projected Q1 FY24 revenue of at least $16.5 million is below the consensus estimate of $19.37 million.
Venus Concept's revenue projection falling short of the consensus estimate is likely to negatively impact investor sentiment and potentially lead to a decrease in stock price in the short term. This is because earnings projections are a critical factor in stock valuation, and missing consensus estimates can be perceived as a sign of operational or market challenges.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100