Inari Medical Sees FY24 Revenue $592.5M-$602.5M vs $588.35M Est. (Prior $580M-$595M)
Portfolio Pulse from Benzinga Newsdesk
Inari Medical has updated its FY24 revenue forecast to $592.5M-$602.5M, surpassing the previous estimate of $588.35M and significantly improving from its prior forecast of $580M-$595M.
April 30, 2024 | 8:28 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Inari Medical's revised FY24 revenue forecast exceeds analyst expectations, indicating strong future performance.
Inari Medical's upward revision of its FY24 revenue forecast not only surpasses the analyst estimates but also shows a significant improvement from its previous forecast. This indicates a strong growth trajectory and positive business momentum, which is likely to instill investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100