OptimizeRx Sees FY24 Revenue Of $100M Vs. $104.73M Est.
Portfolio Pulse from Benzinga Newsdesk
OptimizeRx projects its FY24 revenue to be $100M, which is below the estimated $104.73M.
April 16, 2024 | 11:08 am
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OptimizeRx's FY24 revenue projection of $100M falls short of the expected $104.73M, potentially impacting investor sentiment.
Revenue projections that fall short of market expectations can lead to negative investor sentiment and potentially decrease stock price in the short term. Given that OptimizeRx's forecast is below the estimated revenue, this could lead to disappointment among investors, impacting the stock negatively.
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