GeneDx Hldgs Raises FY2024 Sales Guidance from $220M-$230M To $235M-$245M Vs $226.1M
Portfolio Pulse from Benzinga Newsdesk
GeneDx Hldgs (NASDAQ:WGS) has increased its FY2024 sales guidance from the previous range of $220.00 million-$230.00 million to a new range of $235.00 million-$245.00 million.
April 29, 2024 | 10:40 pm
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GeneDx Hldgs has raised its FY2024 sales guidance, indicating stronger than expected financial performance.
Raising sales guidance typically signals a company's confidence in its future performance and can lead to positive investor sentiment. For GeneDx Hldgs, this revised forecast suggests that the company anticipates stronger financial health and growth than previously expected, which could positively impact its stock price in the short term.
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