10x Genomics Maintains 2024 Revenue Guidance Of $670M-$690M (Est $677.79M), Representing 8%-12% Growth Y/Y
Portfolio Pulse from Benzinga Newsdesk
10x Genomics has reaffirmed its revenue guidance for 2024, projecting revenues between $670M-$690M, which aligns with an estimated $677.79M. This forecast represents an 8%-12% year-over-year growth.
April 30, 2024 | 9:06 pm
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10x Genomics maintains its 2024 revenue guidance at $670M-$690M, indicating an 8%-12% growth year-over-year.
Reaffirming revenue guidance, especially when it aligns with analysts' expectations, typically instills confidence in investors about the company's future performance and stability. For 10x Genomics, maintaining its revenue outlook in the face of market uncertainties can be seen as a positive signal, likely leading to a favorable short-term impact on its stock price.
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